Exempt or Non-Exempt Securities

Exempt

US gov't securities

Exempt

Municipal Securities

Exempt

Any Recognized Foreign Government

Exempt

Financial Institutions (Banks, Savings Institutions, Trust Companies)

Exempt

Insurance Companies

Non-Exempt

Foreign Corporations

Non-Exempt

Bank holding companies

Non-Exempt

Variable annuities

Non-Exempt

Investment contracts

Exempt

Public Utilities and Common Carriers (Railroad, Trucking Company)

Exempt

Religious and Charitable Organizations

Exempt

Commercial Paper

Exempt

E Plans

Exempt

Federal Covered Securities

Exempt

Preferred Stocks, Bonds

Exempt

NASDAQ (OTC)

Exempt Transaction

Isolated Non-issuer Transactions (John Smith sells his IBM stock directly to his brother, Tom) ((Issuer not directly/indirectly benefitted))

Exempt Transaction

Non-issuer Transactions (secondary market)

Exempt Transaction

Unsolicited, Non-Issuer Transaction

Exempt Transaction

Issuer Transactions (Between issuers and underwriters)

Exempt Transaction

Transactions by Certain Persons (Fiduciary) ((executor, administrator, sheriff, marshal, receiver, trustee in bankruptcy, guardian, or a conservator))

Exempt Transaction

Transactions with Financial Institutions (Bank, Savings institution, trust company, insurance company, investment company...)

Exempt Transaction

Private Placements (Registration of security not necessary)((no more than 10 ppl, no commissions, all sales to investors)

Exempt Transaction

Pre-Organization Certificates (No commission, no more than 10, No payment by any subscriber)

Exempt Transaction

Transactions with Existing Security Holders (convertible securities, rights, warrants)