Assuming Requirements Are Satisfied, Which of the Following, If Any

question 11

Multiple Choice

Assuming requirements are satisfied, which of the following, if any, may allow Marley to avoid registration with the SEC if she proceeds with her plan to offer securities only to friends without advertisement?

• A) The limited exemption
• B) The accredited exemption
• C) The unadvertised exemption
• D) The private placement exemption
• E) There is no such exemption to registration requirements

---

Definitions:

Subprime Mortgage Market

A segment of the mortgage market that caters to individuals with poor credit histories who are considered higher risk borrowers.

Low-income Individuals

persons or groups with earnings significantly below the median level of income for their society or geographic area.

Interest Rate Ceilings

A regulatory measure that sets the maximum interest rate that can be charged on loans and other financial products.

Deregulation

The process of reducing or eliminating government controls and restrictions in an industry to enhance efficiency and competition.