Series 22: Private Placement Memorandum (PPM)

Taken from our Direct Participation Programs Representative Exam

Definition of the term Private Placement Memorandum (PPM)...

a document, drafted by the issuer of a private placement, that describes the issuer’s business, its relevant financial information, the terms and conditions of the offering, and its risks and expenses.

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We have an excellent Audiobook for the Series 22!

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