comfort opinionSecurities. An attorney’s written opinion that there is no reason to believe that the registration statement contains any material misrepresentations or omissions that would violate ¡ì 11 of the Securities Act of 1933.
? The attorney usu. participates in the registration statement’s preparation and confers with the securities issuer’s representatives, underwriters, and public accountants before writing the opinion. The comfort opinion’s purpose is to reassure the parties that the registration statement complies with securities laws; it is not part of the statement and is usu. not included.
How to translate the legal term comfort opinion in Chinese?