When the SEC reviews a prospectus for a new stock offering it may not:
a. rule on the merits of the offering
b. issue a deficiency letter ordering the issuer to amend the prospectus
c. issue a stop order to prevent the issue from going out for sale until corrections are made to the prospectus d. none of the other choices may be done; the SEC only records the prospectus for public inspection
e. all of the other specific choices may be done
a
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