GunJumpingRules课程.pptVIP

Gun-Jumping Rules Post-effective period Going effective “Prospectus delivery” Updating prospectus Gun-Jumping(controlled disclosure during registration) Hypothetical #1 Although Smartway (the online last-minute ticket marketer) has no analysts following it, word of its IPO gets around. Its registration statement is not yet effective. Lan, a reporter for the Wall Street Journal, hears of the Smartway IPO and writes about Smartway’s IPO as part of a story on high-flying IPOs. (Nice coverage!) The story includes projections of Smartway’s future profitability. Any gun-jumping? Securities