More terms
Qualified Purchaser
An investor meeting the Investment Company Act's higher asset or investment thresholds for participation in Section 3(c)(7) funds.
What traders should verify
For Qualified Purchaser, inspect the legal structure, adviser and Form ADV, investor eligibility, strategy, holdings, fees, leverage, liquidity, conflicts, and reporting date.
Do not conflate
The label Qualified Purchaser does not by itself establish registration status, current holdings, liquidity, risk, performance, or investor eligibility.
Primary source
SEC definitionSource boundary: this glossary reflects SEC staff views and is not a Commission rule, regulation, or statement. Check the linked source for current wording and legal context.