Series 79: 10.1. Exempt Classes Of Securities

Taken from our Series 79 Online Guide

10.1. Exempt Classes of Securities

The Securities Act excludes some types of securities from its registration requirements right off the bat. Issuers of these securities don’t have to worry about meeting the conditions of the more complicated exemptions described in the sections below. These exempt classes of securities include:

U.S. Treasury securities

Municipal securities

Securities issued or guaranteed by a federal agency

Some securities issued or guaranteed by a government-sponsored enter

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