Rule 15g-1 – Exemptions for Certain Transactions
Certain transactions are exempted from penny stock trade rules 15g-2 through 15g-6 as described in this Rule 15g-1:
• Transactions by broker-dealers whose revenue from penny stocks is less than 5% of their total revenue and who have not acted as a market maker for the penny stock in the past year• Transactions with institutional accredited investors• Regulation D private placements• Transactions by insiders• Unsolicited trades
Example Questions: Match the following terms with the statement that best relates to that term.
Statements
Terms
1. Must be stored for three
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