Series 7 - General Securities Representative Exam
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Regulation A+
Has 4 offering tiers
A
Has more stringent disclosure requirements that what is required for publicly reporting companies
B
Is an exemption from registration for public offerings
C
Is typically used by large companies in late development stages
D
Explanations
Regulation A + has 2 offering tiers and is an exemption from registration for public offerings. It is typically used by smaller companies in earlier stages of development to raise capital and has more limited disclosure requirements that what is required for publicly reporting companies