Which of the Following Is True of Exempt Securities

question 93

Multiple Choice

Which of the following is true of exempt securities?

• A) Only the federal government can issue exempt securities.
• B) Once a security is exempt, it is exempt forever.
• C) An exemption notice must be filed with the SEC every time the exempt security is transferred.
• D) Exempt securities cannot be traded publicly.

---

Definitions:

Male Instructors

Educators or trainers who identify as male and are engaged in the process of teaching or instruction.

Female Instructors

Refers to educators or teachers who identify as female and are involved in the process of teaching or instruction.

Competent

Having the necessary ability, knowledge, or skill to do something successfully or efficiently.

Outgroup Homogeneity Effect

The perception that members of an outgroup are more similar to each other than they actually are, often leading to stereotyping.