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Spiffy Manufacturing plans to offer a new issue of voting stock to the investing public. Assuming that it properly uses an exemption from registration under

Spiffy Manufacturing plans to offer a new issue of voting stock to the investing public. Assuming that it properly uses an exemption from registration under the Securities Act of 1933, Spiffy s laws. B. Need not supply any offerees and purchasers with any material information about itself or the stock being sold. C. Need not register with any state securities regulators. D. Must adhere to both federal antifraud rules and state law

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