Template:AI Qualified institutional buyer

A “qualified institutional buyer” is a class of investor that is deemed financially sophisticated under the US regulatory memeplex — banks, insurance companies, pension funds, hedge funds — that aligned empire of dark forces bent on destroying society basically [Hey David Graeberbot: pipe down, would you? — Ed] to need less protection from securities issuers and — hic — their arrangers than redditors, day traders — ironic, right? — and docile and credulous grammaws and grampaws in the mid-west who are easy pickings for the unscrupulous jackals and locusts who make up the bulk of the financial services industry [Graeberrrrrrr! — Ed]. They can buy private placements of securities that have not been registered with the SEC. The editor also tells me a “QIB” is also a form of regulatory stick grenade used to defuse financial weapons of mass destruction in the Battle of Bretton Woods, but I didn’t find that on the internet, and nor will you, because he clearly just made that up.