This week’s study question from the Solomon Online Exam Simulator question database is now available.
Question (Relevant to the Series 24 and Series 79):
An issuer of publicly offered securities must file:
Answers:
A. Five copies of the preliminary prospectus with the SEC no later than the date that it is first sent to investors
B. Ten copies of the preliminary prospectus with the SEC no later than the date that it is first sent to investors
C. Five copies of the preliminary prospectus with the SEC at least 10 days prior to the date that it is first sent to investors
D. Ten copies of the preliminary prospectus with the SEC at least 10 days prior to the date that it is first sent to investors
Correct Answer: A
Rationale: An issuer of publicly offered securities must file five copies of the preliminary prospectus with the SEC no later than the date that it is first sent to investors.
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