Question

The Securities and Exchange Commission 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:

As part of the registration process for a new security issue, the issuer must prepare a prospectus.

A prospectus serves the purpose of helping investors make more informed investment decisions

It is a formal document required by and must be filed with the Securities and Exchange Commission (SEC) providing all relevant details about an investment offering for sale to the public. A prospectus is filed for the stock, bond, and mutual fund offerings.