Series 79 - Exempt Transactions questions with 100% complete solution 2024

Series 79 - Exempt TransactionsRule 144 - correct answer Defines the conditions under which securities that are acquired through an exempt transaction, or are restricted from resale for other reasons, can be sold. Rule 144A - correct answer Makes it easier for companies, both domestic and international, to raise money in U.S. Capital Markets. Rule 145 - correct answer Clarifies that business combinations are considered "offers to sell" securities, subject to registration requirements, whether or not a security holder takes action to buy, sell or exchange securities. This rule defines specific types of business combinations: Reclassification, Merger/Acquisition/Consolidation, and Transfer Rule 147 - correct answer Intrastate Offering Exemption applies to companies with specific requirements, mostly that the issuer has 80% assets, gross revenues and net proceeds located within 1 specific state (see page 431) Rule 504 - correct answer Applies to Regulation D and can be used for offerings of up to $1 Million Rule 505 - correct answer Applies to Regulation D and can be used for offerings of up to $5 Million Rule 506 - correct answer Applies to Regulation D and can be used for offerings of any size Regulation A - correct answer Authorizes the SEC to exempt small securities offering from registrations if they comply (see page 430) Regulation D - correct answer establishes 3 exemptions from registration for private placements of equity or debt securities (see pg 432) Regulation M - correct answer Prohibits activities and conduct that could artificially influence the market for a new issue