Series 7 - General Securities Representative Exam
Preview Mode
The final prospectus for a new issue is
Prepared toward the end of the cooling-off period
A
Filed with the registration statement
B
A red herring
C
A violation of blue sky laws
D
Explanations
The final prospectus or a new issue is prepared toward the end of the cooling-off period and contains information about the issuer and the new issue of a company's securities. The preliminary prospectus is sent filed with the registration statement and is sometimes known as a red herring as items may change before the final prospectus is ready.