Get As Filed With The Securities And Exchange Commission On April 28, 2011 Registration No - Mayafiles

Registration statements have two principal parts. In the prospectus, your company must clearly describe important information about its business operations, financial condition, results of operations, risk factors, and management. The prospectus must also include audited financial statements.

Prior to the filing of the registration statement, nothing can be done. Once the registration statement is filed, a preliminary prospectus may be used to obtain indications of interest. Once the registration is effective, the final prospectus can be used to offer and sell the issue.

The best answer is A. New stock issues are sold under a prospectus that states the Public Offering Price which is inclusive of any compensation to the underwriter (the spread).

A prospectus is a written document that provides all material information about an offering of securities, and is the primary sales tool of the company that issues the securities (called the issuer) and broker-dealers that market the offering for the issuer (called underwriters).

Registration through filing becomes effective at the same time the securities federal registration becomes effective as long as the state registration has been on file for at least five days with the state securities administrator.

The Securities Act of 1933 has two basic objectives: To require that investors receive financial and other significant information concerning securities being offered for public sale; and. To prohibit deceit, misrepresentations, and other fraud in the sale of securities.

The registration forms a company files with the SEC provide significant information, including: A description of the company's properties and business; A description of the security to be offered for sale; Information about the management of the company; and.

If the Securities and Exchange Commission sets the effective date for a new issue in registration, which of the following statements are TRUE? The best answer is B. If the SEC sets the “effective date” for an issue in registration, this means that all proper documents have been filed with the SEC.