(a)Companies raise funds through the issue of securities to the public. Name two kinds of securities commonly issued by companies in Australia.

(b) What is an initial public offering (IPO) of securities and which disclosure document must the issuing company prepare?

(c) If a disclosure document is misleading or incomplete, what are the legal consequences for the issuing company and its directors?

(d) If the issuer of securities discovers, after having lodged its disclosure document with ASIC that the document contains outdated information, what should it do?