Securities. An attorney’s written opinion that there is no reason to believe that the registration statement contains any material misrepresentations or omissions that would violate § 11 of the Securities Act of 1933. • The attorney usu. participates in the registration statement’s preparation and confers with the securities issuer’s representatives, underwriters, and public accountants before […]
deregistration, n. The point at which an issuer’s registration under § 12 of the Securities Exchange Act of 1934 is no longer required because of a decline in the number of holders of the issuer’s securities. 15 USCA § 78l. Cf. DELISTING. [Cases: Securities Regulation 35.22. C.J.S. Securities Regulation §§ 112–114.] — deregister, vb.
Underwriting in which the underwriter agrees to buy all the shares to be issued and remain financially responsible for any securities not purchased. • The underwriter, or underwriting group, buys the securities from the issuer and resells them as principal. In this type of underwriting, securities that cannot be sold to the public are owned
firm commitment underwriting Read More »