__________, promulgated by the SEC, provides a nonexclusive safe harbor for securing the intrastate exemption.
A) Rule 506.
B) Rule 505.
C) Rule 147.
D) Rule 504.

Question

Quizplus · Accepted Answer

Rule 147 provides a nonexclusive safe harbor for securing the intrastate exemption, facilitating companies to offer and sell securities within a single state without having to register the offering federally, provided they meet certain requirements.

__________, Promulgated by the SEC, Provides a Nonexclusive Safe Harbor