Private placements avoid
A) restrictive agreements.
B) public disclosure of financial information that is required of securities that are registered with the SEC.
C) the need for collateral.
D) the primary market.

Question

Quizplus · Accepted Answer

Private placements are exempt from the registration requirements of the Securities and Exchange Commission (SEC), so they do not have to disclose financial information to the public, as securities that are sold publicly do.

Private Placements Avoid