Investments in foreign securities may involve risks such as social and political instability, market illiquidity, exchange-rate fluctuations, a high level of volatility and limited regulation.
Mid-sized companies may involve greater risks than in those of larger, better known companies, including increased volatility and periods of illiquidity.
No subsequent certificate, as provided for in the bond, indicating the amount of the indebtedness, could cure the intrinsic illiquidity of such a document.
