Absolute Free Series-6 Exam Practice for Comprehensive Preparation 

because the SEC has recently announced the fund’s registration statement effective, the client can rest assured that it is a sound long-term investment.

the SEC pronouncement on the effectiveness of the registration statement means only that the SEC has deemed that enough information has been provided in the registration statement for the client to judge the quality of the investment for himself.

because the SEC has recently approved the fund, it is likely to be a much safer investment than other, older funds in the same fund category.