Examlex
____ is the ability to maintain attention on two or more information sources simultaneously and switch back and forth between them.
Red Herring
In financial contexts, a red herring is a preliminary prospectus filed by a company with the SEC, usually in connection with an initial public offering, containing important information but lacking details on price and offering size.
Prospectus
A formal document that companies and mutual funds use to describe the investment offering to potential investors, providing details such as objectives, risks, and financials.
SEC
The U.S. Securities and Exchange Commission, a federal agency tasked with protecting investors, maintaining fair and orderly functioning of the securities markets, and facilitating capital formation.
Initial Public Offerings
Initial public offerings (IPOs) refer to the process by which a private company becomes publicly traded by offering its shares to the public for the first time.
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