So, if you understand 26 CFR 1.72-1 and 17 CFR 230.144A the type of buyers purchasing these securities BONDS is VERY-VERY-VERY small... Kind of like the 1% of 1%...
Printed copy · Anthology Volume 8, page 394Printed copy from The Tender For Law Anthology, Volume 8, page 394 (printed 13 June 2014). Added by this site; not part of the Facebook export.