Hello. The full question is:
A tombstone ad:_________
a. is permitted in Regulation D offerings.
b. is an offer to sell securities.
c. can be run prior to the effective date of the registration.
d. all of the above
Answer:
c. can be run prior to the effective date of the registration.
Explanation:
Tombstone is a type of advertisement that presents a list of organizations that are involved in a new specific offer, promoting a wide range of options to the consumer. In addition, this type of advertisement is very efficient in showing important information about the offer, even before the effective date of registration.
