SIE practice questionmediumProspectus Requirement
When must a prospectus be delivered to investors in a registered public offering?
- AOnly if requested
- BAnytime after settlement
- COnly to institutional investors
- DAt or before the confirmation of sale✓ Correct answer
Explanation
Why D — At or before the confirmation of sale
Prospectuses must be delivered at or before sale confirmation in a public offering. It is not optional or restricted to institutions or after settlement.
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