Regulation a Security Issues Are Exempt from Full SEC Registration

question 10

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 A and C.
• E)Both A and B.

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Definitions:

Co-Pays

Fixed amounts paid by an insured person for covered health care services, usually due at the time of service.

Reception Desk

The area or desk where guests are greeted and attended to upon entering a facility like an office or hotel.

Receipts

Documents that acknowledge the receipt of a payment or goods.

Application Programs

Software designed to perform specific tasks for users, such as word processing or web browsing.