A document describing a new security issue and the issuing company is called a(n) _____.

Question

Quizplus · Accepted Answer

A prospectus is a document that describes a new security issue and is issued by the company offering the security. A registration statement is a document filed with the Securities and Exchange Commission (SEC) that provides information about the issuing company and the securities being offered. An underwriting statement is a document that describes the terms of the underwriting agreement between the issuing company and the underwriter. A footnote is a note at the bottom of a financial statement that provides additional information or clarification. An abridged statement is a shortened version of a financial statement. Therefore, the best answer is C - prospectus.

A Document Describing a New Security Issue and the Issuing