Series 79 practice questioneasyProspectus Requirements
Under Rule 172, how is final-prospectus delivery generally satisfied for a registered offering?
- ASEC access-equals-delivery filing✓ Correct answer
- BWithin 48 hours after the trade date
- COnly upon investor request
- DAfter the trade has settled
Explanation
Why A — SEC access-equals-delivery filing
Modern Rule 172 generally does not require physical delivery at or before confirmation.
Turn it into reps
Reading one answer is not the same as being ready
Lucky the Banker is a free practice app with 995+ Series 79 questions, weak-area tracking, and timed mock exams. No credit card, no paywall.
Spot an error in this question or explanation? Tell us — we fix these fast.
Related Underwriting & New Financing questions
- Which of the following is true regarding stabilization activities under Regulation M in a public offering?
- Which of the following steps best demonstrates an underwriter’s reasonable investigation for Section 11 due diligence…
- A preliminary prospectus is delivered to an investor. Which of the following must be clearly indicated on its cover?
- During an IPO roadshow, which action creates the clearest Section 12(a)(2) risk?
- In a Regulation D Rule 506(b) offering, what is the consequence if more than 35 non-accredited investors participate?
- In book-building for an IPO, which allocation practice could expose an underwriter to regulatory scrutiny for spinning?
- A non-affiliate who owns restricted stock of a reporting company has held the shares for 13 months and wishes to sell.…
- An issuer that is eligible for short-form registration wants to register a follow-on offering after its IPO. Which form…