Private placements are exempt from registration with the SEC and typically do not involve the services of investment bankers. While private placements can involve the sale of stocks or bonds, they are often more common for bonds. Therefore, option E (both A and B) is the best choice.

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Private Placements

Question 31

Multiple Choice

Private placements

A) do not require the services of investment bankers.
B) need not be registered with the SEC.
C) are more common in the sale of stocks than for bonds.
D) all of the above.
E) are only A and B of the above.

Correct Answer: