Section 4(a) (2) of the 1933 Act covers the ________ offering exemption from the registration provisions.

A) intrastate
B) interstate
C) private
D) small

Private Offering

A method of raising capital through the sale of securities to a relatively small number of selected investors as opposed to a public offering.

Registration Provisions

Legal rules and guidelines that outline the requirements for officially recording certain types of documents, activities, or entities with authorities.

Intrastate

Within a particular state.