Fact Pattern 42-1
College Bound, Inc., markets test and study prep materials and courses. College Bound wants to make an initial public offering of securities. The firm believes that it qualifies for an exemption under Regulation A from the full registration requirement of the Securities Act of 1933.
-Refer to Fact Pattern 42-1. College Bound decides to sell its new securities via the Internet. Most likely, this offering

Question

Fact Pattern 42-1 ​
College Bound, Inc., markets test and study prep materials and courses. College Bound wants to make an initial public offering of securities. The firm believes that it qualifies for an exemption under Regulation A from the full registration requirement of the Securities Act of 1933.
-Refer to Fact Pattern 42-1. College Bound decides to sell its new securities via the Internet. Most likely, this offering​

Quizplus · Accepted Answer

Selling securities via the Internet can potentially reduce expenses associated with traditional methods of offering securities such as printing and distributing paper prospectuses. This does not necessarily mean the offering is a scam, Ponzi scheme, or constitutes insider trading.

Fact Pattern 42-1 ​

Fact Pattern 42-1