Before a corporation sells securities,that corporation is required by law to offer future investors the opportunity to read through a document which contains complete information on both the new issue and the corporations.What is that required document called?

Question

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The required document that contains complete information on both the new issue and the corporation is called a prospectus. It is a legal document that must be submitted to the Securities and Exchange Commission (SEC) before the sale of securities can proceed. The prospectus provides potential investors with important information on the company's financials, operations, management, purpose of issuing the securities, and the risks involved in investing.

Before a Corporation Sells Securities,that Corporation Is Required by Law