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Is the following statement True or False and HOW? "There are no limits on advertising of...

Is the following statement True or False and HOW? "There are no limits on advertising of securities during the twenty-day period after registration."

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Answer #1

The following statement is true.

As per Securities Act of 1933 all of the following activities are prohibited during the cooling off period except:

A. Accepting an indication of interest from the customer for part of the issue

B. recommending the purchase of issue to potential investors

C. selling the issue to investor.

D. advertising the issue to the public.

As the above statement in the question falls under the exception that is why the above mentioned statement is true.

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