Series 7 - General Securities Representative Exam

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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
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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.

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