Securities issued by well-known seasoned issuers must be sold within three months or be returned for re-review by the SEC staff.

Question

Quizplus · Accepted Answer

Securities issued by well-known seasoned issuers are eligible for automatic shelf registration, which allows them to sell securities without prior SEC review. They are not required to be sold within three months, and there is no requirement for re-review by the SEC staff if they are not sold within this timeframe.

Securities Issued by Well-Known Seasoned Issuers Must Be Sold Within