Rule 503 dictates that for all Reg D exemptions, a Form D should be filed within how many days after the first sale of securities?

Rule 503 dictates that for all Reg D exemptions, a Form D should be filed within how many days after the first sale of securities?


a. 1 day

b. 15 days

c. 30 days

d. six months

e. one year


Answer: 15 days


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