How long is a registration statement for securities effective under the USA?

The registration statement for securities is effective for a period of one year under the Uniform Securities Act (USA). This timeframe allows the issuer to offer and sell securities without the need to refile the registration statement for that duration, provided that it complies with all applicable regulations and does not undergo any major changes that necessitate an amendment.

After the one-year period, if the issuer wishes to continue offering the securities, they must file a new registration statement or renew the existing one, thus ensuring that any material changes or new information about the offering are disclosed to potential investors. This requirement aims to maintain transparency and protect investors by ensuring they have access to the most current information regarding the investment they are considering.