Which of the Following Is True Regarding the "Pre-Filing Period

question 44

Multiple Choice

Which of the following is true regarding the "pre-filing period?"

• A) The pre-filing period begins when the registration statement is filed, and starts the time running when the issuer can sell or offer to sell the securities.
• B) The pre-filing period begins when the registration statement is filed, but the issuer may not sell or offer to sell the securities during the pre-filing period.
• C) The pre-filing period begins when the issuer first contemplates issuing the securities, and ends when the registration statement is filed; during the pre-filing period, the issuer cannot sell or offer to sell the securities.
• D) The pre-filing period begins when the issuer first contemplates issuing the securities, and ends when the registration statement is filed; during that time, the issuer is allowed to "condition" the market.
• E) There is no pre-filing period.

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Definitions:

Long Stock Investment

An investment strategy where an investor purchases stocks with the expectation that they will rise in value over time.

Long Call

An options trading strategy where the investor purchases a call option with the belief that the underlying asset's price will increase.

Short Put

An options strategy where an investor sells a put option with the expectation that the market price of the underlying asset will rise.

Premium

An amount paid in excess of the nominal value or in addition to the standard cost, often associated with insurance policies or bonds.