Series 65: 9.1.4.1 Prospectus Delivery Requirements

9.1.4.1  Prospectus Delivery Requirements

To protect investors from potentially shady new issues, the SEC requires that a prospectus be delivered to each investor who purchases a newly issued security. When required, the prospectus must be delivered to the purchaser by the time a transaction settles, which is generally two business days after the actual sale tak