The intention of the SEC in adopting Rule 144A was to

Name: The intention of the SEC in adopting Rule 144A was to
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The intention of the SEC in adopting Rule 144A was to add liquidity to the private placement market. Rule 144A allows private companies to sell securities to qualified institutional buyers without having to register the securities with the SEC, which makes it easier for institutional investors to trade these securities and adds liquidity to the private placement market.

The Intention of the SEC in Adopting Rule 144A Was