Series 63: 3.1.3.1 Prospectus Delivery Requirements

3.1.3.1  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 t