Answer:
Rule 504 is the one that has no limitation on the number of buyers
Explanation:
Regulation D applies to those small issuers with capital needs, which depending on their condition, find it difficult to finance themselves through the stock market. It is made up of three exceptions, however, rule 504 refers to the maximum bid price of US $ 1MM; It is not available for those companies that report or those investment companies; There are no limitations on the number of buyers; They are not obliged to disclose information. Finally, resale of the securities is restricted under limited circumstances.
