Series 79: Transactions Preceded By A Prospectus (Rule 153a)

Transactions preceded by a prospectus (Rule 153a)

In certain transactions that must be approved by a vote of shareholders, such as some mergers, asset transfers, and securities reclassifications, the SEC deems the submission of the transaction for vote to be an “offer” under the Securities Act. (The applicable rule is Rule 145, which is discussed in Chapter 12.) For these transact