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68. The the 1933 Act. document that an issuer of securities provides to each pro

ID: 432283 • Letter: 6

Question

68. The the 1933 Act. document that an issuer of securities provides to each prospective purchaser under a. registration statement b. prospectus c. investment contract d. placement memorandum 69. Assuming Rule 504 of Regulation D otherwise applies, it exempts offerings of up to_ within a period, and there may bepurchasers a. $2 million; six-month; up to 100 b. $500,000; two-year; up to 500 c. $1 million; twelve-month; an unlimited number of d. $100,000; three-month; up to 50 70. Which of the following is NOT considered a traditional shelf offering? a. Securities offered pursuant to employee benefit plans b. Securities offered pursuant to dividend reinvestment plans c. Securities issued to alter voting rights for shareholders d. Securities issued in connection with business combination transactions

Explanation / Answer

The_____ is the disclosure of document that an issue of securities provide to each prospective purchaser under the 1933 act

b. Prospectus

Explanation- prospectus is the disclosure of the document which is required for ability to communicate with the purchaser of securities under the 1933 act.

Assuming rule 504 of regulations D otherwise applies, exampts offering of up to _____ within a ___ period , and there maybe _____ purchasers

c. $1 million ; 12 month; and unlimited number of

Explanation - assuming rule 504 of regulations D otherwise applies, exampts offering of up to 1 million within a 12 month period and there may be an unlimited number of purchasers.

Which of the following is not considered a traditional shelf offering?

c. Securities issued to alter voting rights for shareholders

Explanation - according to the rule 415 securities issued to alter voting rights of shareholders is not considered as a traditional self offering.