Contracts to purchase and sell securities are completed during the "post-effective" period.

Name: Contracts to purchase and sell securities are completed during the "post-effective" period.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Contracts to purchase and sell securities are typically completed during the post-effective period, which is the period after the Securities and Exchange Commission (SEC) has declared a registration statement effective. During this time, the securities can be legally marketed and traded.

Contracts to Purchase and Sell Securities Are Completed During the "Post-Effective