A ________ prospectus has a warning written in red print at the top of the page warning investors that the registration has been filed with the Securities and Exchange Commission but has not yet been approved.

Question

Quizplus · Accepted Answer

During the waiting period,issuers may make oral offers to sell their securities and may distribute a red-herring prospectus-a prospectus with a notice written in red print at the top of the page warning investors that the registration has been filed with the Securities and Exchange Commission (SEC)but is not yet approved.

A ________ Prospectus Has a Warning Written in Red Print