Question

The SEC requires virtually all new public issues of corporate securities to be registered. As part of the registration process for a new security issue, the issuer must prepare a(n) ________.

Answer 1

Prospectus

Step-by-step explanation:

A prospectus is a document containing information about a companie's management, financial performance, products and other important information investors will want to know about. The prospectus is submitted to the Securities and Exchange Commission (SEC) when new securities are issued to the public.

Investors study the prospectus tobguauge companie's performance, and this informs their decision to invest in the security.

Preliminary and final prospectus are usually submitted.