What these do is they insure the bond-- they insure the investor against the municipality failing to pay on the bond.

他们的业务是为市政债券保险,他们确保政府当局,有能力向投资者进行赔付

耶鲁公开课 - 金融市场课程节选

It's for small investors because currently the limit on the SEC is $100,000; that's not a lot of money.

对于小额投资者,SEC规定的最低担保额为10万美元,实在不算多

耶鲁公开课 - 金融市场课程节选

We defined an accredited investor as someone who can participate in a DPP or other sophisticated programs.

我们把可信投资者定义为,有资格加入DPP或者其他复杂项目的人

耶鲁公开课 - 金融市场课程节选

If they register as a 3c7, they can take more investors.

如果注册为3C7就可以有多一些投资者

耶鲁公开课 - 金融市场课程节选