Securities issued by banks and charitable organizations are exempt from SEC registration and disclosure requirements.

Name: Securities issued by banks and charitable organizations are exempt from SEC registration and disclosure requirements.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Securities issued by banks and certain charitable organizations are exempt from registration and disclosure requirements under the Securities Act of 1933, as they fall under specific exemptions provided by the act.

Securities Issued by Banks and Charitable Organizations Are Exempt from SEC