Series 79 practice questionmediumRegulation D
A company wants to broadly advertise its private offering and sell only to accredited investors. Under which rule may they proceed?
- ARule 504
- BRule 505
- CRule 506(b)
- DRule 506(c)✓ Correct answer
Explanation
Why D — Rule 506(c)
Rule 506(c) allows general solicitation provided all purchasers are verified accredited investors. The other rules do not permit general solicitation or have different requirements.
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