The “effective date” is defined as:

By Investopedia AAA
A:

a. the date a security's registration is approved - lasting for one year.



b. the date the first transaction of an approved security takes place.



c. the date an issuer and underwriter agree to bring a security to market.



d. the date a security is due for re-registration, one year after the initial registration.




Answer: A



The effective date is defined as the actual date a security is granted approval, lasting for one year after such.



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