Regulations & ConductPregunta 110 de 125

A private placement conducted under Regulation D of the Securities Act of 1933 is:

a.A public offering requiring a full prospectus
b.An exempt offering sold primarily to accredited investors without full SEC registration
c.A municipal bond offering
d.A guaranteed government security

Explicación

Regulation D provides exemptions from full registration for private placements sold mainly to accredited investors, with limits on general solicitation and on the number of non-accredited investors depending on the specific rule used. These securities are typically restricted and cannot be freely resold without meeting conditions.

Referencia Legal: Securities Act of 1933

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