SIE practice questioneasySecurities Act of 1933 - Registration
A company plans to raise capital through a public offering of common stock in the U.S. Which document must it file with the SEC first?
- AA red herring
- BA prospectus
- CA broker-dealer agreement
- DA registration statement✓ Correct answer
Explanation
Why D — A registration statement
A registration statement must be filed with the SEC before securities can be offered to the public. A prospectus is then provided to potential investors. A broker-dealer agreement is unrelated, and a red herring is a preliminary prospectus, not the initial filing.
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