SIE Exam Question 289: Answer and Explanation

Question: 289

Which of the following must be included in a final prospectus of a new issue?

• A. The final offering price, The delivery date when the securities will be available, The underwriter's spread, The red herring
• B. The final offering price, The delivery date when the securities will be available, The underwriter's spread
• C. The final offering price & The delivery date when the securities will be available
• D. The final offering price

Correct Answer: B

Explanation:

B: The final offering place, security delivery date and underwriter's spread must all be included in the final prospectus. The red herring is the preliminary prospectus.