A(n) ________ is an exemption from registration that permits local businesses to raise capital from local investors to be used in the local economy without the need to register with the SEC.

Question

Quizplus · Accepted Answer

The intrastate offering exemption allows businesses to raise capital from investors within the same state without the need to register with the SEC. This is intended to promote economic development within a state's local economy.

A(n) ________ Is an Exemption from Registration That Permits Local