According to the Securities Act of 1933,which of the following is considered legal during the prefiling period?
A) selling a covered security
B) engaging in negotiations and agreements with underwriters
C) offering to sell a covered security
D) offering to buy a covered security
E) sellers soliciting offers for later acceptance

Question

Quizplus · Accepted Answer

During the prefiling period, it is legal for the issuer of a security to engage in preliminary negotiations and agreements with underwriters. It is illegal to sell a covered security during this period. Offers to sell and offers to buy securities also are prohibited during this prefiling period.

According to the Securities Act of 1933,which of the Following