Nonaccredited investor
Wealthy, sophisticated investors who do not meet SEC net worth requirements. These investors require less protection because of large financial resources, but only 35 nonaccredited investor can be included per investment.
Private placement memorandum: A disclosure document which must be prepared by the issuer in a Schedule D offering if any offers are made to nonaccredited investors. This document must be given to all offerees, not just the nonaccredited investors.
Wealthy, sophisticated investors who do not meet SEC net worth requirements. These investors require less protection because of large financial resources, but only 35 nonaccredited investor can be included per investment.
Noncallable ...
nonaccredited investor An investor who does not meet the SEC's regulation of an accredited investor. noncompetitive bid A strategy of purchasing treasury bills in which an investor agrees to buy a...
 See also: Bills, Indenture, Banks, Administration, Refunding
  
|
RSS
