The Commission may approve a prospectus only if—
(a) it contains all such information as investors and their professional advisers would reasonably require, and reasonably expect to find there, for the purpose of making an informed assessment of—
(i) the assets and liabilities, financial position, profits and losses, and prospects of the issuer of the securities, and
(ii) the rights attaching to those securities;
(b) it contains in addition such other information and particulars, and complies with such other requirements, as may be prescribed.