Which of the Following Is True of Small Offering Exemption

Multiple Choice

Which of the following is true of small offering exemption?

A) Securities coming under this exemption cannot be advertised to the public.
B) Securities coming under this exemption can only be sold to accredited investors.
C) Securities coming under this exemption can only be bought by nonaccredited investors.
D) Securities coming under this exemption have no resale restrictions imposed on them.