Debt Capital Markets · glossary
The investors a product suits, which the firms creating it must decide under MiFID II, the EU law on investment firms. For the Notes, the Managers chose professional investors only, and a legend records it. A firm that later sells the Notes on still makes its own assessment. Prospectus, Important Notice · Chapter 8 · see Qualified investor
Explained in Chapter 8, Professional Investors Only: PRIIPs, the MiFID II Target Market and Selling Restrictions, of Debt Capital Markets.
Also explained in European Brokerage.
MiFID II, the law on investment firms, adds a second check. The firms that create an investment product for sale are its manufacturers, here the Managers. Articles 16(3) and 24(2) make them decide which investors the product suits, its target market.Read Chapter 8, Professional Investors Only: PRIIPs, the MiFID II Target Market and Selling Restrictions →
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