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NEW QUESTION: 1
Which of the following would not be subject to the holding period restrictions under Rule 144?
A. restricted stock acquired via open market purchase
B. restricted stock acquired via investment letter
C. restricted stock acquired via private placement
D. restricted stock acquired via stock options plan
Answer: A
Explanation:
Explanation/Reference:
Explanation: restricted stock acquired via open market purchase. The two-year holding period does not apply when the security is acquired in the open market. However, if the security is owned by a control person, the other provisions of Rule 144 do apply.

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