Series 79 practice questioneasyRegistration
What is a well-known seasoned issuer, or WKSI, generally permitted to do?
- AAvoid filing periodic reports under the Exchange Act
- BSell securities without a prospectus
- CUse automatic shelf registration with greater flexibility in adding securities and underwriters✓ Correct answer
- DIgnore Regulation FD
Explanation
Why C — Use automatic shelf registration with greater flexibility in adding securities and underwriters
Use automatic shelf registration with greater flexibility in adding securities and underwriters WKSIs enjoy offering process advantages because they are large, widely followed, timely-reporting issuers. Automatic shelf registration is one of the most important benefits.
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