SIE practice questionmediumSecurities Act of 1933
A company wants to issue shares to the public for the first time. What must they generally provide under the Securities Act of 1933?
- AAn MSRB filing
- BA written guarantee of future dividends
- COnly audited financials
- DA registration statement and prospectus✓ Correct answer
Explanation
Why D — A registration statement and prospectus
The 1933 Act requires a registration statement and prospectus. Guarantees aren't required; only financials and MSRB filings don't meet requirements.
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