Series 79 Key Concepts with complete solutions

Series 79 Key ConceptsSection 11 DD Defense - correct answer Any untrue statements were believed to be true at the time (prudent man, NO need for attorney comfort letter) Can't be used by issuer and non-consenting accountants Signees on registration statement - correct answer 1. Issuer's CEO 2. Issuer's CFO 3. Issuer's Controller 4. Majority of the Board Gun-Jumping - correct answer Any disclosure of information in the 30 DAYS BEFORE an issuer decides to IPO or file a registration statement Example: Publishing a press release disclosing financial information in 30-day window FWP uses and filing date - correct answer Used in equity and debt offerings Must be filed on DAY OF FIRST USE When FWPs can be used depending on issuer status - correct answer WKSI: Before filing registration statement, during cooling-off period, during post-effective period Seasoned + Unseasoned Issuers: During cooling-off period, during post-effective period Ineligible Issuers: NEVER