Series 79 practice questionmediumRegulation S
Under Category 3 of Regulation S, what is the distribution compliance period for equity securities of a U.S. domestic issuer that is a reporting issuer?
- A40 days
- B6 months✓ Correct answer
- C1 year
- DNo compliance period is required
Explanation
Why B — 6 months
Category 3 domestic equity has a six-month period for a reporting issuer and a one-year period for a non-reporting issuer.
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