Test your industry knowledge by answering Quest CE’s exam question of the week! Exam questions are drawn directly from Quest CE’s exam portal, and feature a wide range of topics including suitability, ethics, regulation and anti-money laundering. Be sure to submit your answer in the comments section and check back Thursday for the correct answer.
Course Topic: Understanding the JOBS Act of 2012
Question: The JOBS Act raises the Regulation A Section 3(b) registration requirements for a public offering by a non-reporting issuer from:
a.) $5,000,000 to $50,000,000
b.) $1,000,000 to $5,000.000
c.) $5,000,000 to $12,500,000
d.) $3,000,000 to $10,000,000
The correct answer is a.) $5,000,000 to $50,000,000