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 are correct.

Question

Quizplus · Accepted Answer

Rule 144A is the SEC provision that allows qualified institutional investors to trade privately placed securities among themselves without the need for registration with the SEC. Rule 415 pertains to shelf registration, and the Sarbanes-Oxley Act covers various regulations related to public companies and capital markets but does not specifically address private placements among institutional investors.

The SEC Provision Under Which Qualified Institutional Investors Can Trade