SIE practice questionmediumSEC Regulation S
Which account might be used to hold securities sold in compliance with SEC Regulation S?
- ADomestic margin account
- BForeign brokerage account outside the U.S.✓ Correct answer
- CRetirement account
- DUGMA account
Explanation
Why B — Foreign brokerage account outside the U.S.
Regulation S is for securities sold outside the U.S. to non-U.S. persons, typically into foreign accounts. Domestic, retirement, or custodial accounts are not the intended vehicles.
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