Series 6 - Investment Company And Variable Contracts Products Representative Exam
Preview Mode
The SEC's review of a prospectus
Guarantees the disclosure's accuracy
A
Approves the issue
B
Ensures that it contains the necessary material facts
C
Verifies the issue's investment merit
D
Explanations
The SEC reviews the prospectus to ensure that it contains the necessary material facts about the issue. It does not guarantee the prospectus' accuracy, approve the issue, or verify the issue's merit.