The SEC provision under which qualified institutional investors can trade privately placed securities among themselves is called:
A)Rule 144A.
B)Rule 415.
C)the Sarbanes-Oxley Act.
D)none of the options.

Question

Quizplus · Accepted Answer

Rule 144A is the SEC provision that allows qualified institutional investors to trade privately placed securities among themselves without having to register the securities with the SEC. This rule was designed to increase liquidity for these investors while still maintaining certain regulatory protections.

The SEC Provision Under Which Qualified Institutional Investors Can Trade