Series 22: Rule 504

Taken from our Direct Participation Programs Representative Exam

Definition of the term Rule 504...

a rule under Regulation D that exempts some private placement issuers from registration if they limit their offerings to under $10 million in any 12-month period.

Since you're reading about Series 22: Rule 504, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 22
Please Enable Javascript
to view this content!