2.1 Securities Exchange Act of 1933

Question 1

Exempt Transactions by Issuers under the 1933 Act

Answer 1

a. Interstate Offerings (rule 147)
b. Regulation A
c. Regulation D
d. Section 4(6)

Question 2

Exempt Securities under the 1933 Act

Answer 2

1) Domestic government
2) Not-for-profit organizations
3) Domestic banks and savings and loans assoc
4) Issuers that are federally regulated common carriers
5) A receiver or trustee in bankruptcy w/prior court approval
6) State requested insurers
7) A corporation in reorganization if approved by a court
8) An issuer that exchanges them with the issuer’s existing security holders if no commission or other consideration is paid