A procedure that allows firms to file one registration statement covering several issues of the same security. SEC Rule 415, adopted in the 1980s, allows a corporation to comply with registration requirements up to two years prior to a public offering of securities. With the registration "on the shelf," the corporation, by simply updating regularly filed annual, quarterly, and related reports to the SEC, can go to the market as conditions become favorable with a minimum of administrative preparation and expense.
Nearby TermsSharpe ratio Shelf offering Shelf registration Shell corporation Shenzhen Stock Exchange
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University