An offering that raises $2,500,000 over a 12-month period, involving 35 unaccredited investors and 5 accredited investors, might be exempt from registration under:

An offering that raises $2,500,000 over a 12-month period, involving 35 unaccredited investors and 5 accredited investors, might be exempt from registration under:


a. Section 4(6)

b. Regulation D: Rule 504

c. Regulation D: Rule 505

d. none of the above


Answer: Regulation D: Rule 505


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