Which of the Following Would NOT Be Exempt from Registration

question 26

Multiple Choice

Which of the following would NOT be exempt from registration under the 1933 Securities Act?

• A)An offering restricted to the residents of the state in which the issuing company is organized and doing business.
• B)An offering by a noninvestment company issuer for $4 million in securities over 12 months without general advertising or general solicitation.
• C)An offering of limited partnership tax shelters.
• D)A private offering to only accredited investors who will not redistribute them.

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Definitions:

Spanish Franciscan Friars

Members of the Franciscan religious order from Spain who played a significant role in the Christianization of indigenous peoples in the Americas during the colonial period.

Pueblo Indians

Indigenous people of the Southwestern United States, known for their unique adobe dwellings and community-centric societies.

Acoma

A Native American pueblo located in New Mexico, known for its rich history and as being one of the oldest continuously inhabited communities in the United States.

New Mexico

A southwestern state in the United States, known for its diverse culture, historic sites, and landscapes, encompassing deserts, forests, and mountains.