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发帖数: 258 | 1 看了解释，还是觉得不对劲：哪位给个解释？
An investment banking representative has been asked by her client about the
prospectus delivery requirement for a new issue by the company. If the
company is listed on Nasdaq:
There is no prospectus delivery requirement
The requirement is for 25 days from the effective date
The requirement is for 40 days from the effective date
The requirement is for 90 days from the effective date
Explanation:
Incorrect.
A dealer selling securities in the secondary market must provide
prospectuses to customers if new securities of that class were recently sold
by the issuer under a registration statement. Prospectuses must be
delivered for 40 days after the effective date in the case of issuers with
publicly traded securities already outstanding, or 90 days for IPOs. There
are two exceptions.
If an issuer was subject to the reporting requirements of the Securities
Exchange Act of 1934 prior to the filing of the registration statement,
there is no prospectus delivery requirement for dealers.
If the issuer was not a reporting company prior to filing, but will be
listed on an exchange or on Nasdaq as of the effective date, the requirement
applies for 25 days.
The main purpose of this rule is to provide investors with information
concerning an issuer of securities. If the issuer was already a reporting
company, existing information is assumed to be readily available to the
public through the SEC's EDGAR system. |
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