[AMERICANDREAM]

Kamp is offering $10 million of its securities. Under Rule 506 of Regulation D of the Securities Act of 1933:

Answer: The securities may be debentures
Incorrect: Kamp may make a general solicitation in connection with the offering.

I was confused with this question because Becker R5-49 states that general advertising/solicitation is sometimes allowed under Rule 504 and 506 (but not for 505). What’s going on?

[thebigguy1992]

you can only make solicitations to accredited investors

[AMERICANDREAM]

huh……

[Author]

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