Which of the following is a characteristic of a DPO?

Question

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A DPO (Direct Public Offering) can be an effective marketing tool because it allows companies to sell securities directly to their customers and stakeholders. This creates a sense of ownership and loyalty among shareholders, who are more likely to become customers themselves and promote the company to others. The other options are not characteristics of a DPO - A is incorrect because a DPO does not involve an underwriter and can be less expensive than a traditional IPO, C is incorrect because a trading system may be necessary depending on the type of securities being offered, and D is incorrect because there are other ways to conduct a DPO outside of Rule 147 or Regulation D.

Which of the Following Is a Characteristic of a DPO