This is defined as the preliminary registration statement filed with the SEC.
A) shelf prospectus
B) red herring prospectus
C) SEC prospectus
D) originating prospectus

Question

Quizplus · Accepted Answer

A red herring prospectus is a preliminary registration statement or draft prospectus filed with the Securities and Exchange Commission (SEC), which contains most of the information required in a registration statement but is not yet complete or finalized. It is called a red herring because of the disclaimer language in red on the cover page stating that the document is not yet complete and that the information contained therein is subject to change. The purpose of a red herring prospectus is to generate interest in the offering among potential investors and to help the issuer gauge the demand for the securities being offered. Once the SEC completes its review of the registration statement, the issuer will file a final prospectus that contains all material information related to the securities being offered.

This Is Defined as the Preliminary Registration Statement Filed with the SEC