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SIE: Capital Markets & Offerings
SIE practice questioneasySecurities Act of 1933

Which security is exempt from registration under the Securities Act of 1933?

  1. APreferred shares
  2. BCorporate stocks
  3. CExchange-traded funds
  4. DU.S. Treasury Bonds✓ Correct answer
Explanation

Why DU.S. Treasury Bonds

U.S. government securities such as Treasury bonds are exempt from registration. Corporate securities (B, D) and ETFs (C) are not exempt.

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