What is Rule 145? | SIE, SERIES7 Exam Prep

Rule 145 governs securities issued in business combination transactions (mergers, acquisitions, reclassifications), determining when a registration statement is required for shareholders receiving new securities. 📚 Learn more about Rule 145 and other key terms for your SIE, SERIES7 exam at Open Exam Prep. 🎯 This term appears on: SIE, SERIES7 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 Rule 145 definition: https://www.open-exam-prep.com/glossary/rule-145 💡 Exam Tip: Rule 145 = M&A transactions requiring shareholder vote = registration required. Affiliates have same restrictions as Rule 144. --- #securities #examprep #financeexam #sie #series7