When a security is exempt from the registration requirements, its offering is also exempt from the provisions of the Securities Act of 1933.

Name: When a security is exempt from the registration requirements, its offering is also exempt from the provisions of the Securities Act of 1933.
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Question

When a security is exempt from the registration requirements, its offering is also exempt from the provisions of the Securities Act of 1933.​

Quizplus · Accepted Answer

Exemption from registration does not mean exemption from all provisions of the Securities Act of 1933; other requirements, such as anti-fraud provisions, still apply.

When a Security Is Exempt from the Registration Requirements, Its