Regulations & Conduct第 108 / 125 题
A preliminary prospectus (red herring) used before a registration is effective:
a.Contains the final public offering price and effective date
b.Constitutes an offer to sell the securities
c.May be used to accept customer payments
d.Omits the final offering price and effective date and is used to gauge investor interest
解析
A red herring is a preliminary prospectus circulated during the cooling-off period; it omits the final public offering price and the effective date and includes a legend noting it is not an offer to sell. It is used to solicit non-binding indications of interest, not to make sales.
法律依据: Securities Act of 1933免费刷完整 125 道题库 — 无需注册。
同考点相关题目
- The primary purpose of the Securities Act of 1933 is to:
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- The Securities Exchange Act of 1934 is best known for:
- Trading securities on the basis of material, nonpublic information is prohibited as: