Rule 501 of Regulation D expands the categories of accredited investors. Which of the following is not one of the categories?

Question

Quizplus · Accepted Answer

Rule 501 of Regulation D expands the categories of accredited investors to include any organization formed for the specific purpose of acquiring securities with assets in excess of $5 million, any director or executive officer of the issuer of securities being sold, and any individual whose net worth exceeds $1 million. However, partnerships themselves are not considered accredited investors under Rule 501 of Regulation D.

Rule 501 of Regulation D Expands the Categories of Accredited