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___________________ is a highly regulated document which details the issuers operations and finances and must be provide...

___________________ is a highly regulated document which details the issuers operations and finances and must be provided to each buyer of a newly issued security

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Answer #1

Answer is Prospectus

Explanation: Securities are issued via IPO and while preparing IPO , prospectus is compulsory to be issued by the issuers.

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