shelf registration

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Shelf registration

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.

Shelf Registration

A method the SEC uses to allow a publicly-traded company to register several new issues of stock and actually offer them at any time over a two-year period, subject to compliance with other appropriate regulations. These offerings are covered by a single prospectus, but may be offered to the public in different tranches. See also: Rule 415.

shelf registration

A simplified method of registering securities that permits corporations to file a relatively uncomplicated registration form with the SEC and, during the subsequent two years, issue the securities. Shelf registration is supposed to provide more flexibility for corporations when they are raising funds in the capital markets. Shelf registration is permitted by SEC Rule 415.
References in periodicals archive ?
Summary: JPY400 billion domestic shelf registrations rated
ratings to two separate domestic shelf registrations of The Shizuoka
Securities & Exchange Commission (SEC) put out a revised proposed rule for asset-backed securities (ABS) that are offered as part of shelf registrations. This is an important issue for companies such as Hertz Corp.
The SEC has finally gotten around to issuing a revised proposed rule adhering to the Dodd-Frank provisions on ABS as they apply to shelf registrations. The risk retention requirement in the April 2010 proposal is gone: At Dodd-Frank's directive, seven federal agencies proposed a risk retention rule for all sorts of ABS, which, when finalized, will apply to shelf registrations (see "Business Groups Roundly Criticize Proposed Rule on ABS Risk Retention").
BANKING AND CREDIT NEWS-July 15, 2011--R&I gives preliminary AA- rating to shelf registrations of Mitsubishi(C)2011 M2 COMMUNICATIONS http://www.m2.com
15 July 2011 - Rating and Investment Information (R&I) has given AA- preliminary ratings to two shelf registrations of Mitsubishi Corp (TYO:8058).
M2 EQUITYBITES-July 15, 2011--R&I gives preliminary AA- rating to shelf registrations of Mitsubishi(C)2011 M2 COMMUNICATIONS http://www.m2.com
Sorenson, 1985, "Deregulation in Investment Banking: Shelf Registrations, Structure and Performance," Financial Management (Spring), 5-15.
This effect is especially strong for shelf registration, in which the issuer can sell registered securities at any time during a two-year period, with no advance notice.
BANKING AND CREDIT NEWS-July 6, 2011--S&P gives A+ rating to shelf registrations of Mitsubishi(C)2011 M2 COMMUNICATIONS http://www.m2.com
BANKING AND CREDIT NEWS-July 6, 2011--Moody's gives provisional A1 rating to shelf registrations of Mitsubishi(C)2011 M2 COMMUNICATIONS http://www.m2.com
M2 EQUITYBITES-July 6, 2011--Moody's gives provisional A1 rating to shelf registrations of Mitsubishi(C)2011 M2 COMMUNICATIONS http://www.m2.com