Investor Qualification and Resales: Rapid Fire

What this video covers

• Why accredited investor, qualified institutional buyer (QIB), and qualified purchaser are three separate rule books that are never interchangeable
• How the accredited investor net worth test excludes the primary residence, treats new mortgage debt within 60 days as a liability, and handles underwater home balances
• Why the joint income threshold is $300,000, not double the $200,000 single figure, and why both a two-year history and a current-year expectation are required
• Which entities qualify as accredited status entities with no dollar test, which threshold entities clear $5 million, and how look-through saves a thin balance sheet when every owner is accredited
• When general solicitation triggers actual verification steps versus when reasonable belief suffices, and why bare self-certification never satisfies the verification duty
• How QIB institution status requires $100 million in unaffiliated securities, dealer status requires $10 million, and bank status requires both $100 million in securities plus $25 million audited net worth
• Why the QIB private resale safe harbor has no holding period, leaves securities restricted, and how a QIB buying for its own account is deemed a qualified purchaser