Rule 501 of Regulation D expands the categories of accredited investors. Which is not one of the categories?

Rule 501 of Regulation D expands the categories of accredited investors. Which is not one of the categories?


a. any organization formed for the specific purpose of acquiring securities with assets in excess of $5 million

b. any director or executive officer of the issuer of securities being sold

c. any individual whose net worth exceeds $1 million

d. any partnership

e. any trust with total assets greater the $5 million


Answer: any partnership


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