Which of the following is true about the Securities Act of 1933 small offering exemption?
A) Sales of securities up to $5,000,000 qualify.
B) Sales can be made only to accredited investors.
C) Sales must all be made to investors in the same state.
D) There are no limits on the number or types of investors.
E) Even with the exemption, a simplified registration process must be followed.
Correct Answer:
Verified
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