Which of the following securities sales must be registered? a. a sale of $450,000 in shares to 2,003 residents of Oklahoma and Arkansas b. a sale of $10,000,000 in shares to 353 U. S. residents c. a sale of $50,000,000 in shares to 10 institutional investors located around the United States d. a sale of $50,000,000 in shares to 10,000 residents of Arizona by a company doing business only in Arizona e. All of the above must be registered.

Question

Business

Yael Barber

10 September, 07:09

Which of the following securities sales must be registered? a. a sale of $450,000 in shares to 2,003 residents of Oklahoma and Arkansas b. a sale of $10,000,000 in shares to 353 U. S. residents c. a sale of $50,000,000 in shares to 10 institutional investors located around the United States d. a sale of $50,000,000 in shares to 10,000 residents of Arizona by a company doing business only in Arizona e. All of the above must be registered.

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Answers (1)

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Cristopher Kerr · Answer 1

The sale of $10,000,000 in shares to 353 U. S. residents must be registered.

Explanation:

Since the buyers are U. S residents. The sale of $10,000,000 in shares to 353 U. S. residents must be registered with SEC.