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Apportioning Contribution Shares Under the Federal Securities Acts: A Suggested Approach for an Unsettled Area

Jeffrey Edmund LaGueux

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Abstract

A registration statement is a disclosure document which the issuer must prepare and submit to the SEC as a prerequisite to a public offering of securities.The registration statement contains financial and other information about the issuer and is intended to provide investors with a factual background for making informed investment decisions.The information which the issuer must disclose in a registration statement is set forth in the Securities Act of 1933, Schedule A, 15 U.S.C. § 77aa (1976).The 1933 Act makes it illegal to perform certain acts in connection with a public sale of securities without a registration statement.Id. § 5(c), 15 U.S.C. § 77e(c) (1976).Section 5(c) provides that "[i]t shall be unlawful for any person,

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A registration statement is a disclosure document which the issuer must prepare and submit to the SEC as a prerequisite to a public offering of securities.The registration statement contains financial and other information about the issuer and is intended to provide investors with a factual background for making informed investment decisions.The information which the issuer must disclose in a registration statement is set forth in the Securities Act of 1933, Schedule A, 15 U.S.C. § 77aa (1976).The 1933 Act makes it illegal to perform certain acts in connection with a public sale of securities without a registration statement.Id. § 5(c), 15 U.S.C. § 77e(c) (1976).Section 5(c) provides that "[i]t shall be unlawful for any person,

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A registration statement is a disclosure document which the issuer must prepare and submit to the SEC as a prerequisite to a public offering of securities.The registration statement contains financial and other information about the issuer and is intended to provide investors with a factual background for making informed investment decisions.The information which the issuer must disclose in a registration statement is set forth in the Securities Act of 1933, Schedule A, 15 U.S.C. § 77aa (1976).The 1933 Act makes it illegal to perform certain acts in connection with a public sale of securities without a registration statement.Id. § 5(c), 15 U.S.C. § 77e(c) (1976).Section 5(c) provides that "[i]t shall be unlawful for any person,

Key concepts: Business, Private placement, Law and economics, Financial system, Economics, Finance, Investment banking

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