Asked by julia James on Jun 30, 2024
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Any security offered or sold to a permanent resident of the single state where the issuer of the security resides and does business is exempt under the 1933 act.
1933 Act
The Securities Act of 1933, a U.S. legislation that requires detailed disclosure of financial information from issuers of public securities to protect investors.
Permanent Resident
An individual who has been granted the legal right to live indefinitely within a country other than their nationality.
Issuer
An entity that develops, registers, and sells securities to finance its operations, such as corporations or governmental bodies issuing bonds or stocks.
- Learn about the mechanisms of registration and exemption for securities, and recognize the assorted intervals related to the issuance of securities.
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Learning Objectives
- Learn about the mechanisms of registration and exemption for securities, and recognize the assorted intervals related to the issuance of securities.
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