Series 79 practice questionmediumProspectus Requirements
Which item is NOT required to be disclosed in a prospectus for a registered offering?
- AThe home addresses of the issuer's rank-and-file employees✓ Correct answer
- BMaterial legal proceedings involving the issuer
- CA description of the securities offered
- DThe intended use of proceeds
Explanation
Why A — The home addresses of the issuer's rank-and-file employees
Item 508 requires specified information about principal underwriters, including their names and underwriting obligations. Employees' home addresses are not prospectus disclosure.
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