SEC registration is not required when a company makes:
A) A private placement of securities
B) A public offering of securities issue of value less than $5 million and maturity less than 9 months
C) A public offering of securities issue of value greater than $5 million
D) A and B above

Question

Quizplus · Accepted Answer

SEC registration is not required for a private placement of securities, as well as for a public offering of securities issue of value less than $5 million and maturity less than 9 months. Therefore, both options A and B are correct. SEC registration is required for a public offering of securities issue of value greater than $5 million, making option C incorrect.

SEC Registration Is Not Required When a Company Makes