Knowledge

Qualified institutional buyer

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141:
Any investment company registered under the Investment Company Act, acting for its own account or for the accounts of other QIBs, that is part of a family of investment companies which own in the aggregate at least $ 100 million in securities of issuers, other than issuers that are affiliated with
148:
Any bank or any savings and loan association or other institution, acting for its own account or the accounts of other QIBs, that in the aggregate owns and invests on a discretionary basis at least $ 100 million in securities of issuers that are not affiliated with it and that has an audited net
37:
requires an institution to manage at least $ 100 million in securities from issuers not affiliated with the institution to be considered a QIB. If the institution is a bank or savings and loans thrift they must have a net worth of at least $ 25 million. If the institution is a registered dealer
101:
A trust fund whose trustee is a bank or trust company and whose participants are exclusively plans established for the benefit of state employees or employee benefit plans, except trust funds that include as participants individual retirement accounts or H.R. 10
28:
that is deemed financially sophisticated and is legally recognized by securities market regulators to need less protection from issuers than most public investors. Typically, the qualifications for this designation are based on an investor's total
69:
Any of the following entities, acting for its own account or the accounts of other QIBs, that in the aggregate owns and invests on a discretionary basis at least $ 100 million in securities of issuers that are not affiliated with the
126:
Any registered dealer, acting for its own account or the accounts of other QIBs, that in the aggregate owns and invests on a discretionary basis at least $ 10 million of securities of issuers that are not affiliated with the
153:
in the case of a US bank or savings and loan association, and not more than 18 months preceding the date of sale for a foreign bank or savings and loan association or equivalent institution.
38:
acting for its own account it must in the aggregate own and invest on a discretionary basis at least $ 10 million of securities of issuers not affiliated with the dealer.
112:
A 501(c)(3) charitable organization, corporation (other than a bank or a savings and loan association), partnership, or Massachusetts or similar business trust; and
96: 149:
worth of at least $ 25 million as demonstrated in its latest annual financial statements, as of a date not more than 16 months preceding the date of sale under
193: 62: 87: 116: 106: 183: 81: 92:
A plan established and maintained by a state, its political subdivisions, or state agency, for the benefit of its employees
53:
are made available only to qualified institutional buyers to limit regulatory restrictions and public filing requirements.
230: 145:
Any entity, all of the equity owners of which are QIBs, acting for its own account or the accounts of other QIBs.
30: 188: 131: 163: 178: 86:
A Small Business Investment Company licensed by the US Small Business Administration under the
168: 42: 65:(SEC) requires that an entity meet one of the following requirements to qualify as a QIB: 50: 224: 25: 173: 150: 34: 142:
the investment company or are part of such family of investment companies.
212: 33:
and specific legal conditions in the country where the fund is located.
105:
A business development company as defined in section 202(a)(22) of the
46: 24:), in United States law and finance, is a purchaser of 97:Employee Retirement Income Security Act of 1974 8: 115:An investment adviser registered under the 95:An employee benefit plan falling under the 80:An investment company registered under the 213:PLC - Qualified Institutional Buyer (QIB) 205: 194:U.S. Securities and Exchange Commission 63:U.S. Securities and Exchange Commission 88:Small Business Investment Act of 1958 7: 130:Any registered dealer acting in a 14: 117:Investment Advisers Act of 1940 107:Investment Advisers Act of 1940 184:Investment Company Act of 1940 82:Investment Company Act of 1940 1: 136:qualified institutional buyer 18:qualified institutional buyer 134:transaction on behalf of a 247: 31:assets under management 189:Securities Act of 1933 231:Financial regulation 77:An insurance company 164:Accredited investor 132:riskless principal 43:private placements 169:Private placement 238: 215: 210: 246: 245: 241: 240: 239: 237: 236: 235: 221: 220: 219: 218: 211: 207: 202: 160: 59: 12: 11: 5: 244: 242: 234: 233: 223: 222: 217: 216: 204: 203: 201: 198: 197: 196: 191: 186: 181: 176: 171: 166: 159: 156: 155: 154: 146: 143: 139: 128: 123: 122: 121: 120: 113: 110: 103: 99: 93: 90: 84: 78: 72: 71: 58: 55: 13: 10: 9: 6: 4: 3: 2: 243: 232: 229: 228: 226: 214: 209: 206: 199: 195: 192: 190: 187: 185: 182: 180: 177: 175: 172: 170: 167: 165: 162: 161: 157: 152: 147: 144: 140: 137: 133: 129: 125: 124: 118: 114: 111: 108: 104: 100: 98: 94: 91: 89: 85: 83: 79: 76: 75: 74: 73: 68: 67: 66: 64: 56: 54: 52: 48: 44: 39: 36: 32: 27: 23: 19: 208: 135: 60: 57:Requirements 40: 21: 17: 15: 200:References 26:securities 174:Rule 144A 151:Rule 144A 35:Rule 144A 225:Category 158:See also 41:Certain 127:dealer. 70:entity: 47:stocks 179:Reg D 102:plans 51:bonds 61:The 49:and 45:of 22:QIB 227:: 16:A 138:. 119:. 109:. 20:(

Index

securities
assets under management
Rule 144A
private placements
stocks
bonds
U.S. Securities and Exchange Commission
Investment Company Act of 1940
Small Business Investment Act of 1958
Employee Retirement Income Security Act of 1974
Investment Advisers Act of 1940
Investment Advisers Act of 1940
riskless principal
Rule 144A
Accredited investor
Private placement
Rule 144A
Reg D
Investment Company Act of 1940
Securities Act of 1933
U.S. Securities and Exchange Commission
PLC - Qualified Institutional Buyer (QIB)
Category
Financial regulation

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