A broker/dealer is the lead underwriter in a new issue. During the period this new security issue is in registration, which of the following will usually be distributed?
Subscription forms enabling clients to place a down payment on the issue.
A red herring prospectus.
The company's latest research report on that stock.
Indication of interest forms.
A) I and II.
B) II and III.
C) III and IV.
D) II and IV.
Answer: D) II and IV.