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Regulation Crowdfunding

Question 54

Multiple Choice

Regulation Crowdfunding:


A) allows startup companies to sell shares directly to a large number of investors without an intermediary broker.
B) became effective with the Penny Stock Reform Act of 1990.
C) allows an issuer to raise a maximum aggregate amount of $1 million through crowdfunding in a 12-month period.
D) All of these statements are true.

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