Which one of these describes an exception to the registration filing requirement of the SEC?
A) Loans that mature in one year or less
B) Issues that have an approved prospectus
C) Loans of $10 million or less
D) Issues of less than $5 million
E) Issues that have received an approved letter of comment

Question

Quizplus · Accepted Answer

The SEC provides an exemption for small offerings under Regulation A, which allows companies to raise up to $5 million without registering with the SEC.

Which One of These Describes an Exception to the Registration