Task: Instance Description Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes the instance 'Rule 144A'?

A. securities regulation defining an exemption through which corporations can issue unregistered securities to qualified foreign investors and foreign institutions
B. securities regulation defining an exemption through which corporations do not have to register their securities and usually do not have to file reports with the SEC
C. securities regulation that is part of Regulation SHO that is a circuit breaker limiting short sales to prevent them from causing a security's price to drop further after a significant decline
D. securities regulation that allows investors to resell privately placed securities to qualified institutional buyers (QIBs) under certain conditions

Answer: securities regulation that allows investors to resell privately placed securities to qualified institutional buyers (QIBs) under certain conditions