Test your knowledge

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1.
The formal offer to sell securities is called a(n) _______.
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Prospectus. The prospectus is the formal offer to sell securities, and it must be filed with the SEC.
2.
Who may benefit from reading investment books?
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All investors benefit. All investors, regardless of their level of experience, will find titles that meet their information needs.
3.
The best place to learn about local companies is likely to be _______.
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Your local newspaper. Your local newspaper may have more timely and in-depth information about local companies than any national media source.
4.
EDGAR features _______.
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Company quarterly reports. EDGAR is the SEC Website used for filing and disseminating reports from publicly held companies.
5.
Which of the following is not a service typically offered by investor associations?
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Mutual funds. Investor associations provide the other kinds of information listed, but do not invest their members' money for them.