Accredited Investor
An investor satisfying the definition promulgated by the SEC in Rule 501 of Regulation D under the 1933 Act.
Banks, insurance companies, pension funds and other institutions meeting SEC requirements who buy Bonds.
Learn more about the various aspects of state laws and how they intersect with municipal securities.
An investor satisfying the definition promulgated by the SEC in Rule 501 of Regulation D under the 1933 Act.
An investor satisfying the definition promulgated by the SEC in Rule 144A under the 1933 Act.
A fund maintained to provide security to bondholders that does not exceed the least of (i) 10% of the stated principal amount of the bond issue (issue price if more than a de minimis amount of original issue discount or premium), (ii) the maximum annual principal and interest requirements of the bonds, or (iii) 125%…