contestada

which of the following is not a federal covered security? a an offering made over-the-counter of $250,000,000 of 10% convertible debentures of acme corporation, a company whose common stock is listed on the american stock exchange (nyse american) b a private placement of $250,000,000 of debt backed by automobile finance company receivables sold to investment managers that are qualified purchasers c an offering of $250,000,000 of general obligation bonds by the city of new orleans to the residents of louisiana d an offering of $250,000,000 of common shares of a mutual fund that will be offered to the general public