These prospectuses are needed when securities are offered to the public or admitted to trading on a regulated market, but they have been onerous to produce in terms of cost and time for companies, especially smaller ones.
Matarajio haya yanahitajika wakati dhamana zinatolewa kwa umma au kukubaliwa kufanya biashara kwenye soko lililodhibitiwa, lakini zimekuwa zikisumbua kuzalisha kwa gharama na muda kwa makampuni, hasa madogo.