During the post-effective period, the registration statement usually becomes effective days after it is filed.
A) 10
B) 20
C) 60
D) 90

Question

Quizplus · Accepted Answer

During the post-effective period, the registration statement usually becomes effective 20 days after it is filed. This allows the Securities and Exchange Commission (SEC) time to review the registration statement and for any comments or changes to be made before it becomes effective.

During the Post-Effective Period, the Registration Statement Usually Becomes Effective