Regulation a Security Issues Are Exempt from Full SEC Registration

question 2

Multiple Choice

Regulation A security issues are exempt from full SEC registration filing and use only a brief offering statement if:

• A) the issue is for less than $5,000,000.
• B) insiders sell no more than $1,500,000 of stock.
• C) insiders sell no more than 100,000,000 shares.
• D) Both the issue is for less than $5,000,000; and insiders sell no more than 100,000,000 shares.
• E) Both the issue is for less than $5,000,000; and insiders sell no more than $1,500,000 of stock.

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