Regulation a Security Issues Are Exempt from Full SEC Registration

Multiple Choice

Regulation A security issues are exempt from full SEC registration filing and use only a brief offering statement if:

A) the issue is for less than $5,000,000.
B) insiders sell no more than $1,500,000 of stock.
C) insiders sell no more than 100,000,000 shares.
D) Both the issue is for less than $5,000,000; and insiders sell no more than 100,000,000 shares.
E) Both the issue is for less than $5,000,000; and insiders sell no more than $1,500,000 of stock.