SIE practice questionmediumRegistration Statement
Under the Securities Act of 1933, a company that wants to offer securities to the public must file a registration statement with the:
- AFINRA
- BMSRB
- CSEC✓ Correct answer
- DFederal Reserve
Explanation
Why C — SEC
The Securities Act of 1933 requires issuers to file a registration statement with the SEC before offering securities to the public. The registration statement includes two parts: Part I is the prospectus (distributed to investors), and Part II contains additional information filed with the SEC. The 1933 Act is the 'paper act' focused on new issues and disclosure. FINRA reviews underwriting compensation but does not receive the registration statement.
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