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SIE: Capital Markets & Offerings
SIE practice questionmediumSecurities Act of 1933 - Exempt Securities

According to the Securities Act of 1933, which of the following securities is exempt from registration requirements?

  1. AU.S. Treasury bonds✓ Correct answer
  2. BCorporate stocks
  3. CExchange-traded funds
  4. DReal estate investment trusts
Explanation

Why AU.S. Treasury bonds

U.S. government securities, including Treasury bonds, are exempt from the 1933 Act’s registration provisions. Corporate stocks, ETFs, and REITs must generally be registered unless another exemption applies.

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