Question

Your firm has securities available from a SEC Reg D private placement of variable life policies, which are unregistered. One of your fellow RRs would like to place an ad in a financial newspaper regarding the availability of the securities. Reg D allows which of the following in this situation?

(A) Because it's a private placement, Reg D advertising is limited to hedge fund sales literature only.
(B) As long as accredited investors are the only ones allowed to invest in the products, general advertising is acceptable, even if it reaches non-accredited members of the public.
(C) Accredited investors who are pre-qualified for the purchase of the security may be invited to a sales seminar by the RR.
(D) As long as the RR focuses advertising toward investors with sizeable net worth, advertising is acceptable.

Answer 1

C. Accredited investors who are pre-qualified for the purchase of the security may be invited to a sales seminar by the RR

Step-by-step explanation: