The private placement exemption must be issued for all securities not sold on the public securities markets (such as the New York Stock Exchange).

Question

Quizplus · Accepted Answer

The private placement exemption allows certain securities to be sold without being registered with the SEC, but it is not a requirement for all securities not sold on public markets. Other exemptions and regulations may apply depending on the situation.

The Private Placement Exemption Must Be Issued for All Securities