The SEC provision under which qualified institutional investors can trade privately placed securities among themselves is called
A) Rule 144A
B) Rule 415
C) Sarbanes-Oxley Act
D) None of the above

Question

Quizplus · Accepted Answer

Rule 144A is the SEC provision that allows qualified institutional investors to trade privately placed securities among themselves. Rule 415 pertains to shelf registration of securities, and the Sarbanes-Oxley Act involves regulations related to corporate governance, financial disclosures, and accounting standards. Therefore, the correct answer is A) Rule 144A.

The SEC Provision Under Which Qualified Institutional Investors Can Trade