A securities offering to a limited number of shareholders may be exempt from the registra- tion provisions of the Securities Act of 1933.

Name: A securities offering to a limited number of shareholders may be exempt from the registra- tion provisions of the Securities Act of 1933.
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Question

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Private placements to a limited number of sophisticated investors are often exempt from the registration requirements under Regulation D of the Securities Act of 1933.

A Securities Offering to a Limited Number of Shareholders May