Which SEC Regulation Took Effect in 1982 and Provides the Basis

question 49

Multiple Choice

Which SEC regulation took effect in 1982 and provides the basis for safe harbor as a private placement?

• A)Regulation A
• B)Regulation B
• C)Regulation C
• D)Regulation D

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Definitions:

Benzene

A simple aromatic hydrocarbon with the formula C6H6, known for its ring structure of six carbon atoms connected by alternating double and single bonds.

Electrophilic Aromatic Substitution

A reaction type in which an electrophile replaces a hydrogen atom on an aromatic ring, often leading to functionalization of the ring.

Pyridine

A basic heterocyclic organic compound with the formula C5H5N, featuring a six-membered ring with one nitrogen atom.

Quaternary Ammonium

Ionic compounds containing a central nitrogen atom bonded to four organic groups and one additional anion, known for their disinfectant properties.