Exempt Market FAQs
These questions and answers are meant to provide an overview of the industry and types of products we offer but by no means are they an exhaustive list of information.
What is the Private Market?
The “Private Market” or “Exempt Market” refers to companies raising capital without issuing a prospectus.
What is an Exempt Market Dealer, or EMD?
The term Exempt Market Dealer (usually shortened to “EMD”) defines a company licensed by securities regulators to trade in or underwrite investment securities that have not been qualified by a prospectus; instead, the investments are exempt from the prospectus requirement.
Who can invest in the Private Market?
Many investors are eligible to invest in the private market or exempt market, subject to complying with applicable investment limits and/or a certain level of annual income or assets.