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1 6 . Transactions which are exempt from SEC registration include a . A sale of securities by Chase Bank b . A sale of

16. Transactions which are exempt from SEC registration include
a. A sale of securities by Chase Bank
b. A sale of securities generating less than $5,000,000 by a US company
c. Issuance of bonds by any company whose annual revenues were greater than $ S700,000,000
d. A and B

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