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71. Under Section 13 of the 1934 Act, any person acquiring beneficial ownership of of a reporting company must file a Schedule 13D providing in

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71. Under Section 13 of the 1934 Act, any person acquiring beneficial ownership of of a reporting company must file a Schedule 13D providing in crossing the designated ownership mark. more than formation regarding the acquisition within ten days after of the equity shares a. 396 b. 5% c. 25% d. 5196 72. Which of the following is NOT an accredited investor under Rule 501? a. Any national bank b. Any director of the issuer c. Any corporation with total assets in excess of $1 million d. Any natural person with a net worth in excess of $1 million 73. If an issuer makes successive sales within a limited period of time, the SEC maythe resulting in the loss of a private-offering exemption successive sales, a. restrict b. register c. integrate d. qualify 74. Assuming no exemption applies, what is the penalty for a violation of section 5 of the 1933 Act through offering a security for sale without an effective registration statement or by means of a noncomplying prospectus? a. The purchaser may keep the shares if the investment proves successful; or if within one year from the date of purchase the investment proves unprofitable, the investor can get his or her money back b. The purchaser must keep the shares if the investment proves successful; or if within one year from the date of purchase the investment proves unprofitable, the investor will be refunded his or her money c. The investor has no option to keep the shares but will be refunded his or her d. The investor must hold the shares for at least two years but will be refunded his or her money if the investment money has failed to show a profit within that amount of time. 75, Securities issued in a private placement are called securities. a. qualified b. private c. restricted d. shelf 76. A(n) offers or sells for an issuer in connection with, the distribution of any security is defined under the 1933 Act as any person who has purchased from an issuer with a view to, or a. investment banker b. underwriter c. dealer d. secondary seller

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