US and Foreign Security Issuers Are Exempt from Registration Requirements

question 252

Multiple Choice

U.S. and foreign security issuers are exempt from registration requirements for the sale of bonds and stocks to institutions with a portfolio of at least $100 million in securities under the provisions of:

• A) the Howey Rule
• B) Rule 144A of the 1933 Securities Act
• C) Rule 14 of the 1933 Securities Act
• D) Rule 144A of the 1934 Securities Exchange Act
• E) the Qualified Institutional Buyers Rule

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Definitions:

Legitimate Power

The authority that a person holds as a result of their position or role within an organization.

Sanctioned Authority

Authorized power or approval, often by a governing body or law, legitimizing someone or something to perform certain actions.

Coercive Power

A form of power that is based on the ability to deliver punishments or impose penalties for non-compliance or poor performance.

Expert Power

The ability to influence the behavior of others through the amount of knowledge or expertise possessed by an individual on which others depend.