Individuals are not permitted to be QIBs, regardless of their level of wealth or financial sophistication. QIBs are permitted to participate in the market for securities under Rule 144A, which is a safe harbor exemption from the SEC's registration requirements for securities.
1 Baghdad, Iraq is at 3313'N, 4413'E, 34 m (112 ft). See map. 2  According to the Holdridge life zones system of bioclimatic classification Baghdad is situated in or near the subtropical desert biome.  The average annual temperature is 22.8 degrees Celsius (73 degrees Fahrenheit).
An explosion rocks Baghdad during air strikes in this March 21, 2003 file photo. Photo: Reuters/Goran Tomasevic. When American, British and allied troops rolled into Iraq 10 years ago to topple the regime of Saddam Hussein, Baghdad was a city on the brink.