During which period of the registration process may an issuer sell the offered securities?
A)The prefiling period.
B)The waiting period.
C)The posteffective period.
D)The medieval period.

Question

Quizplus · Accepted Answer

An issuer may sell the offered securities during the posteffective period, which comes after the SEC has declared the registration statement effective. During the prefiling and waiting periods, sales of the securities are generally prohibited. The medieval period is not related to the registration process.

During Which Period of the Registration Process May an Issuer