[Cosmetic Securities] Alessia, the President of Quik Cosmetics, wanted to take her company public. She begins meeting with underwriters and sends out a press release mentioning the potential issuance of securities. She then files a registration document and prospectus. In her registration document, she described the securities, how the money from the sale of the securities will be used, described her business and property, and included information about a pending lawsuit in the process of being settled.Were Alessia's negotiations with underwriters permissible?
A. No, an issuer cannot negotiate with underwriters prior to the filing of the registration document.
B. Yes.
C. Yes, but only if the negotiations occurred after filing the registration document. Yes, but
D. Yes, but only if the negotiations occurred within the sixty days prior to filing the registration document.
E. Yes, but only if the negotiations occurred within the thirty days prior to filing the registration document.
Answer: B
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