Rule 144A Provides the Framework for the Issuance of Private

question 53

Multiple Choice

Rule 144A provides the framework for the issuance of private securities to qualified institutional investors.To buy private securities, institutional investors:

• A)must be willing to hold a less liquid security and manage a fund.
• B)must be willing to make a market in the security and be a primary market dealer.
• C)must be a limited partner in the issue and willing to reduce the illiquidity of the security.
• D)must be willing to hold a less liquid security and have $100 million under management.
• E)None of the above.

---

Definitions:

Myelinated Axons

Axons that are coated with a protective layer of myelin, which helps to speed the transmission of electrical signals along the nerve cells.

Gray Matter

Gray matter and is a component of the brain and spinal cord, consisting of neuronal cell bodies, dendrites, and unmyelinated axons, playing a crucial role in processing information.

Refractory Period

The time after an action potential during which a neuron’s cell membrane is unprepared for the next action potential.

Action Potential

A brief electrical impulse that travels down a neuron, triggering the release of neurotransmitters.