The SEC requires virtually all new public issues of corporate securities to be registered.As part of the registration process for a new security issue,the issuer must prepare a(n)________.
A)essay
B)prospectus
C)application
D)financial report

Question

Quizplus · Accepted Answer

The issuer must prepare a prospectus as part of the registration process for a new security issue. A prospectus is a formal written offer to sell securities that explains the details of the offering, including the issuer's financial statements, risk factors, management team, and other important information for potential investors.

The SEC Requires Virtually All New Public Issues of Corporate