SIE practice questionmediumRegulation S
Regulation S allows U.S. issuers to:
- AList shares on U.S. exchanges without registration.
- BSell securities to accredited investors only.
- CSell securities to investors outside the United States without SEC registration.✓ Correct answer
- DConduct secondary offerings without any restrictions.
Explanation
Why C — Sell securities to investors outside the United States without SEC registration.
Reg S covers offshore offerings to non-U.S. residents, exempting them from SEC registration. Regulation D (B) deals with accredited investors. Listing without registration (C) is not allowed. Secondary offerings (D) are still regulated.
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