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Donna has purchased stock in XB Corporation through an exempt transaction. As a reult Donna can cash out only by selling her stock back to
Donna has purchased stock in XB Corporation through an exempt transaction. As a reult
- Donna can cash out only by selling her stock back to XB
- Donna cannot resell her stock unless she files a Ruler 10b-5 waiver with the SEC
- Donna's ability to resell her stock may be limited by Rule 144
- Donna can now resell her stock to anyone at any time
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Financial Reporting And Statement Analysis A Strategic Perspective
Authors: Clyde P. Stickney, Paul Brown
4th Edition
0030238110, 978-0030238116
