Under the Securities Act of 1933, ________ allows the Securities and Exchange Commission to exempt offerings not exceeding $5 million.
A)Section 11(a)
B)Section 17(a)
C)Section 3(b)
D)Section 6(b)

Question

Quizplus · Accepted Answer

Section 3(b) of the Securities Act of 1933, also known as the "Regulation A+" exemption, allows the Securities and Exchange Commission to exempt offerings not exceeding $5 million within a 12-month period. This exemption is often used by small businesses and startups to raise capital without having to go through the full registration process required by larger offerings.

Under the Securities Act of 1933, ________ Allows the Securities