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A proposal to the city council for a contract to design and develop a new downtown community entertainment complex would be classified as
Sophisticated Investor
An investor with significant experience, assets, and knowledge, capable of making well-informed financial decisions and understanding risks.
Accredited Investor
An individual or entity recognized as having the financial sophistication and capacity to bear the risk of investment opportunities that demand less regulatory disclosure.
Securities
Tradable financial assets including stocks, bonds, and options, which represent an investment and a means for entities to raise capital.
Sarbanes-Oxley Act
U.S. legislation enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures.
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