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The following are unregistered unrestricted securities except securities issued as a result of corporation reorganization in...

The following are unregistered unrestricted securities except

  • securities issued as a result of corporation reorganization in which one security is exchanged for another security.

  • securities issued by nonprofit issuers.

  • securities issued by financial institutions supervised by banking associations.

  • long-term notes with a maturity date that does not exceed nine months.

Solutions

Expert Solution

Option D is correct answer long-term notes with a maturity date that does not exceed nine months.

The following are different types of unregistered unrestricted Securities

1. Securities issued by governments, including municipal, state, and federal governments.
2. Securities issued by nonprofit issuers, such as religious institutions or charitable organizations.
3. Securities issued by financial institutions supervised by banking associations.
4. Securities issued as a result of corporation reorganization in which one security is exchanged for another security
5. Stock dividends and stock splits
6. Insurance or annuity contracts issued by insurance companies
7. Securities issued by federally regulated carriers (i.e.,railways)
8. Short-term notes with a maturity date that does not exceed nine months.
9. Securities sold before July 27, 1993
10. An issuer's offer up to $5 million in securities in a 12-month period.

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jeff jeffy answered 1 year ago
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