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Basic Question 0 of 13
A bond issuer can offer multiple bond issuances under the same master prospectus, and only has to prepare a short document when additional bonds are issued. This mechanism is known as ______.
B. shelf registration
C. simple registration
A. private placement
B. shelf registration
C. simple registration
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.

Tamara Schultz
Learning Outcome Statements
describe market efficiency and related concepts, including their importance to investment practitioners
contrast market value and intrinsic value
explain factors that affect a market's efficiency
CFA® 2025 Level I Curriculum, Volume 3, Module 3.