Answer:
I. issuer and its management
II. business prospects of the issuer
III. assets held by the issuer
IV. claims being made
Explanation:
According to Financial Industry Regulatory Authority, FINRA, the requirement for a private placement to be offered, is for the broker-dealer or its representatives to perform a necessary and an adequate inquiry pertaining to the security and the issuer's representations concerning it.
Hence, the Broker-dealer must conduct a reasonable investigation concerning the following:
• issuer and its management
• business prospects of the issuer
• assets held by the issuer
• claims being made
• intended use of the proceeds of the offering
