The finalized registration statement for new securities approved by the SEC is called
A)a red herring.
B)the preliminary statement.
C)the prospectus.
D)a best-efforts agreement.

Question

Quizplus · Accepted Answer

The finalized registration statement for new securities approved by the SEC is called the prospectus. A red herring is a preliminary prospectus, and the preliminary statement is the first version of the registration statement. A best-efforts agreement refers to the underwriter's agreement to use their best efforts to sell the securities but is not the same as the final registration statement.

The Finalized Registration Statement for New Securities Approved by the SEC