Question 7 2 pts Which exemption to registration requirements exempts offerings of less than $5 million to no more than 35 nonaccredited purchasers over a 12-month period? Rule 504 exemption Rule 505 exemption Rule 506 exemption Rule 507 exemption Question 8 6 pts The Securities Exchange Act of 1934 does not deal with the distribution of securities. primary secondary O aftermarket direct