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Basic Question 8 of 9

SEC registration is not required for ______ ADRs.

A. Level I
B. Level II
C. Rule 144A
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User Contributed Comments 4

User Comment
kirand I think correct answer should be Rule 144A , as it does not require sec registration at all .
Amogh92 kirand is correct, Rule 144A doesn't need SEC registration and if this question is going to be as vague as it is, C is the most appropriate answer. A could be right but C is definitely right.
khalifa92 level 1 ADR = F-6
level 2 ADR = F-6
level 3 ADR = F-1 & F-6
Rle 144A = no SEC requirements -> because private

iam dissappointed at this site.
thevinu Options should be provided as I. II. III. where both I. and III. are correct. Please fix this.
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You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

describe methods for investing in non-domestic equity securities

CFA® 2024 Level I Curriculum, Volume 3, Module 4.