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Rule 504 of Regulation D of the Securities Act of 1933 provides issuers with an exemption from registration for certain small issues. Which of the

Rule 504 of Regulation D of the Securities Act of 1933 provides issuers with an exemption from registration for certain small issues. Which of the following statements is correct?

a. The rule allows sales to an unlimited number of investors

b. The rule requires certain financial information to be furnished to the investors

c. The issuer must offer the securities through general public advertising

d. The issuer is not required to file anything with the SEC

which one is the right answer

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