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 Graeber bot: 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 grandmaws and grampaws in the mid west who are easy pickings from the jackals and locusts [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 financial stick grenade used as a financial weapon of mass destruction in the Battle of Bretton Woods, but I didn’t find that on the internet because he just made that up.