10 free Series 79 practice questions in the real exam format, covering the official content areas, with an explanation for every answer.
Series 79 Practice Test 13Tutor mode
Question 1 of 10
Underwriting/New Financing Transactions, Types of Offerings and Registration of Securities
Before choosing an exemption, the general partner of Upshaw Ventures posted the terms of the fund's $40 million offering on a public website and promoted it on a podcast. Every prospective purchaser has said it is an accredited investor. Which exemption may the fund rely on, and what does it require?