SIE practice questioneasySecurities Act of 1933
Which security is exempt from registration under the Securities Act of 1933?
- APreferred shares
- BCorporate stocks
- CExchange-traded funds
- DU.S. Treasury Bonds✓ Correct answer
Explanation
Why D — U.S. Treasury Bonds
U.S. government securities such as Treasury bonds are exempt from registration under the Securities Act of 1933. Corporate stocks, preferred shares, and ETFs are not exempt on that basis.
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