The ________ is a regulatory document filed with the SEC that describes the details of the IPO and is meant to help investors make informed decisions.
A)red herring
B)prospectus
C)indenture
D)debenture

Question

Quizplus · Accepted Answer

A prospectus is a formal legal document that gives details about the company and its securities being offered in the IPO. It is filed with the SEC to provide investors with important information to help them make informed investment decisions. The red herring is an earlier version of the prospectus that lacks some of the final details and pricing information. Indenture and debenture are terms that refer to debt securities and are not applicable to an IPO prospectus.

The ________ Is a Regulatory Document Filed with the SEC