Series 7 - General Securities Representative Exam

Preview Mode

An issuer completes a Shelf Offering registration. The market seems weak and many stocks are going down. The Issuer may

Delay the release of securities as long as time still exists within the two-year window
A
Delay the release of securities as long as time still exists within the three-year window
B
Not delay the release of securities
C
Delay the release of securities indefinitely
D

Explanations

In a rule 415 offering, the issuer may offer the stock at any time over a two year period, subject to compliance and regulations