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Book Cover for: Qualified Institutional Buyer, Jesse Russell

Qualified Institutional Buyer

Jesse Russell

High Quality Content by WIKIPEDIA articles! A qualified institutional buyer (or QIB), in law and finance, is a purchaser of securities that is deemed financially sophisticated and is legally recognized by security 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 assets under management as well as specific legal conditions in the country where the fund is located. Currently, Rule 144A requires an institution to manage at least $100 million in securities from issuers not affiliated with the institution to be considered a QIB. Additionally, if the institution is a bank or savings and loans thrift they must have a net worth of at least $25 million.

Book Details

  • Publisher: Book on Demand Ltd.
  • Publish Date: Jan 1st, 2013
  • Pages: 84
  • Language: English
  • Dimensions: 8.27in - 5.83in - 0.17in - 0.24lb
  • EAN: 9785511818450