Series 24: Review Quiz

Review Quiz

1. 1. Caty’s Computers is issuing stock that needs to be registered under the Securities Act. Caty’s Computers, and its underwriter, Blazing Investment Bankers, have filed the registration papers. After the filing, a “cooling off” period ensues during which:
2. A. Caty’s Computers can advertise the securities, but only in nationally recognized publications
3. B. Blazing Investment Bankers can sell the securities, but only to investors that initiate an inquiry
4. C. Blazing Investment Bankers can announce the sale by publishing a tombstone ad
5. D. none of the choices listed
6. 2. A group of investors is suing under Section 11 of the Securities Act, because they claim there was a material misrepresentation in the registration statement of a security they purchas