Publicly Registered

Publicly Registered (Debt or Equity) – Issuers of all publicly registered securities have completed a filing process with the SEC (Using Form S-1 or S-3) for the securities they are offering to the general public for investment.  The SEC has approved the breadth and manner of the information disclosed by the issuer.  Importantly, the SEC does not approve an issue on its investment merits, only to the degree that the disclosures meet the standards for public registration (audited financial statements, length of operating history, etc.)