Series 79 practice questioneasyRegulation D
Which of the following is a basic eligibility requirement for an accredited investor under Regulation D?
- ANet worth over $100,000
- BNet worth over $1 million excluding primary residence✓ Correct answer
- CAnnual income over $100,000
- DAnnual income over $300,000
Explanation
Why B — Net worth over $1 million excluding primary residence
An individual with net worth exceeding $1 million (excluding their primary residence) is accredited. The other thresholds are incorrect or incomplete for Regulation D purposes.
Turn it into reps
Reading one answer is not the same as being ready
Lucky the Banker is a free practice app with 995+ Series 79 questions, weak-area tracking, and timed mock exams. No credit card, no paywall.
Spot an error in this question or explanation? Tell us — we fix these fast.
Related Underwriting & New Financing questions
- A non-affiliate of a reporting company owns restricted stock and wants to sell after holding it for 7 months. Which is…
- An affiliate wants to sell restricted stock of a public company under Rule 144. The company has not filed required…
- In an IPO, what is the maximum price at which underwriters may stabilize the stock in the aftermarket under Regulation…
- A Rule 506(b) private placement has 50 investors, including 8 non-accredited but sophisticated investors. Is this…
- Which of the following most accurately describes the due diligence defense available to underwriters under Section 11…
- During book-building for an IPO, which party primarily gathers investor indications of interest?
- In a firm commitment underwriting, if a syndicate member defaults on its obligation to purchase shares, who is…
- Which of the following is most often a reason for a company to do a follow-on (secondary) offering?