Talk:Prospectus (finance)

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Finance & Investment Mid‑importance

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Separate PPM and Prospectus.[edit]

A prospectus is used when referring to a registered and fully disclosed security, a private placement memorandum is used for Unregistered securities that are exempt from registration using the Regulation D exemption rules. Please separate PPM and Prospectus.

Mutual funds[edit]

Mutual funds also have prospectuses, and are required to provide them to prospective shareholders and to existing shareholders when material changes occur (such as a change in investment policies or redemption fees). 66.92.79.129 (talk) 00:35, 19 October 2010 (UTC)[reply]