SIE Exam Question 566: Answer and Explanation

Question: 566

Which of the following is an advertisement used by a registered investment company that advises readers to obtain a full prospectus? It is not permitted to include an application to invest, and it must contain specific caveats pursuant to SEC Rule 482.

  • A. Omitting prospectus
  • B. Preliminary prospectus
  • C. Shelf registration
  • D. Tombstone ad

Correct Answer: A

Explanation:

An omitting prospectus is an advertisement used by a registered investment company that advises readers to obtain a full prospectus. It is not permitted to include an application to invest, and it must contain specific caveats pursuant to SEC Rule 482.

All content of site and practice tests © 2022 Jack.
Quick View

FINRA Practice Tests