Save
Busy. Please wait.
or

show password
Forgot Password?

Don't have an account?  Sign up 
or

Username is available taken
show password

why


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't know (0)
Remaining cards (0)
Know (0)
0:00
share
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Series 6

Unit 3 QQ 3.D Regulation of New Issues

QuestionAnswer
Nonexempt Issues Must register with the SEC under the securities act of 1933.
Exempt Security A security exempt from the registration requirements (although not from the antifraud requirements) of the Sec Act of 1933. Ex include US government sec and municipal sec.
Paper Act Another name for Sec Act of 1933 because of the registration statement and prospectus. Reminder for the requirements for full and fair disclosure.
Blue Sky Laws Nickname for state regulations governing the sec industry. Coined in 1911 by kansas supreme court justice who wanted regulation to protect against "speculative schemes that have no more basis than so many feet of blue sky"
Blue-Skying the Issue Registering new issues at state level regulated by uniform securities act.
Cooling-Off Period The period (a minimum of 20 days) between a registration statement's filing date and the registration's effective date. In proactice, the period varies in length.
Preliminary Prospectus/ Red Herring An abbrev prospectus that is distributed while the SEC is reviewing an issuer's reg statment. It contains all of the essential facts about the forthcominog offering except the underwriting spread, final POP and date on which the shares will be delivered.
Indications of Interest (IOI) An investors expression of conditional interest in buyin and upcoming sec issue after the investor has reviewed a preliminary prospectus. An indication of interest in not a commitment to buy.
Tombstone Printed advertisement that solicits indications of interest in a sec offering. Text is limited to basic information about the offering, such as the name of the issuer, type of sec, names of the underwriters and where a prospectus is available.
Created by: ericjrolon
 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!

"Know" box contains:
Time elapsed:
Retries:
restart all cards