Multiple Choice
Which of the following is true of private placement of securities?
A) Securities are placed with few large institutional investors.
B) Securities of private firms are sold to the investing public at lower prices.
C) The securities must be registered with the SEC.
D) Public trading in these securities is not allowed.
E) Subject to more stringent disclosure and informational requirements than those imposed by the SEC on publicly registered issues.
Correct Answer:

Verified
Correct Answer:
Verified
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