Specifically regarding securities laws in the United States, there is often terminology that says:
... must not be marketed to the general public...
The definition of "marketed" I understand and believe it has more to do with financial security markets as opposed to brochures and other common-parlance examples of "marketing" as a part of communication.
But specifically I would like to know if "general public" is limited to individuals, or if there is legal precedent to expand the definition to corporations, partnerships, etc.