Talk:Prospectus (finance)
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Separate PPM and Prospectus.
[edit]A prospectus is used when referring to a registered and fully disclosed security, a private placement memorandum is used for Unregistered securities that are exempt from registration using the Regulation D exemption rules. Please separate PPM and Prospectus.
Mutual funds
[edit]Mutual funds also have prospectuses, and are required to provide them to prospective shareholders and to existing shareholders when material changes occur (such as a change in investment policies or redemption fees). 66.92.79.129 (talk) 00:35, 19 October 2010 (UTC)