CFA Practice Question

There are 490 practice questions for this study session.

CFA Practice Question

A bond issuer can offer multiple bond issuances under the same master prospectus, and only has to prepare a short document when additional bonds are issued. This mechanism is known as ______.

A. private placement
B. shelf registration
C. simple registration
Correct Answer: B

Upon shelf registration of a bond, the issuer does not need to prepare a new and separate offering circular.

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