Under what rule or regulation can a financial institution or other security-issuing firm in the United States file a statement of intention to sell new securities up to two years before those securities are actually brought to market?

Question

Quizplus · Accepted Answer

Rule 415, known as the "shelf registration" rule, allows issuers to register securities with the SEC and gradually sell them to the public for up to two years following the initial registration, providing flexibility in timing and amount of the securities to be sold.

Under What Rule or Regulation Can a Financial Institution or Other