SEC registration is not required when a company makes
A)a private placement of securities.
B)a public offering of securities issue having a value less than $5 million and a maturity less than nine months.
C)an issue of debt with a maturity less than nine months.
D)both a private placement of securities and a public offering of securities issue having a value less than $5 million and a maturity less than nine months.

Question

Quizplus · Accepted Answer

SEC registration is not required for a private placement of securities or a public offering of securities issue having a value less than $5 million and a maturity less than nine months. Therefore, both options A and B are correct. Additionally, an issue of debt with a maturity less than nine months is also exempt from SEC registration, as stated in choice C. Therefore, choice D, including both A and B, as well as C, covers all exemptions from SEC registration mentioned in the question.

SEC Registration Is Not Required When a Company Makes