They are requesting info apparently. I have never even heard of a sec 7 but here is what it says: The SEC rules dictate the appropriate registration form, which depends on the type of issuer and the securities offered. Section 7 gives the SEC full authority to determine what information issuers must submit, but generally required is information about the issuer and the terms of the offered securities that would help investors form a reasoned opinion about the investment. https://www.law.cornell.edu/wex/securities_act_of_1933