According to SEC Rule 144A:
A) Bonds issued through private placements can be bought and sold by institutional investors
B) SEC registration is not needed for privately placed bonds
C) SEC registration is required of all securities issued in the U.S.A.
D) (A) and (B) only

Question

Quizplus · Accepted Answer

SEC Rule 144A allows for the buying and selling of privately placed bonds by institutional investors. It also exempts these bonds from SEC registration requirements. Therefore, both (A) and (B) are true. (C) is not true, as not all securities issued in the U.S.A. require SEC registration under certain exemptions, such as Rule 144A.