Rule 501 of Regulation D expands the categories of accredited investors. Which is not one of the categories?
A) any organization formed for the specific purpose of acquiring securities with assets in excess of $5 million
B) any director or executive officer of the issuer of securities being sold
C) any individual whose net worth exceeds $1 million
D) any partnership
E) any trust with total assets greater the $5 million
Correct Answer:
Verified
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