Private placement occurs when a firm sells unregistered securities directly to investors such as insurance companies, commercial banks, or wealthy individuals.

Name: Private placement occurs when a firm sells unregistered securities directly to investors such as insurance companies, commercial banks, or wealthy individuals.
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Question

Quizplus · Accepted Answer

Private placement involves the sale of unregistered securities directly to investors, including insurance companies, commercial banks, and wealthy individuals.

Private Placement Occurs When a Firm Sells Unregistered Securities Directly