A prospectus is filed during the
A) prefiling period.
B) waiting period.
C) pre-effective period.
D) posteffective period.
E) elimination period.

Question

Quizplus · Accepted Answer

During the posteffective period, securities may be sold. A prospectus must be furnished to any interested investor, and it must conform to the statutory requirements. The prospectus contains financial information related to the issuer and controlling persons.

A Prospectus Is Filed During the