When an IPO is planned, all information relevant to the security, as well as the agreement between the issuer and the securities firm, must be included in the ___________ that is submitted to the Securities and Exchange Commission.
A)origination
B)registration statement
C)best-efforts agreement
D)None of these are correct.

Question

Quizplus · Accepted Answer

The correct answer is B) registration statement. When an IPO is planned, the issuer must submit a registration statement to the Securities and Exchange Commission (SEC). This document includes all relevant information about the security being offered and the agreement between the issuer and the securities firm handling the IPO.

When an IPO Is Planned, All Information Relevant to the Security