The Securities and Exchange Commission requires virtually all new public issues of corporate securities to be registered. As part of the registration process for a new security issue, the issuer must prepare a(n) .

Prospectus

Explanation:

As part of the registration process for a new security issue, the issuer must prepare a prospectus.

A prospectus serves the purpose of helping investors make more informed investment decisions

It is a formal document required by and must be filed with the Securities and Exchange Commission (SEC) providing all relevant details about an investment offering for sale to the public. A prospectus is filed for the stock, bond, and mutual fund offerings.

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states grant a variety of local governments power to meet residents’ needs (source: apex learning). hope this !