Private Investment Club?
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Private Investment Club? Please correct me. I assume by default Investment Club is a public company if it is seeking a membership. or is it a "private investment company" as per SEC definition? Is it possible to register my XYZ investment club as XYZ Private Investment Company? I will not solicitate any active memberships. but would like to keep membership agreement documents close to standard investment club format. In other words I want to start Private Investment Club trading in stocks,funds,bonds. Thanks http://www.sec.gov/divisions/investment/invcoreg121504.htm Hi, This is not a forum where you should be getting legal advice. If you have any questions about the classification of the investment group you are setting up, you should be consulting with a legal advisor that has expertise in this subject. Laurie Frederiksen
Invest with your friends! www.bivio.com Become our Facebook friend! www.facebook.com/bivio Follow us on twitter! www.twitter.com/bivio Follow Us on Google+ Click here to Subscribe to the Club Cafe email list. Click here to Unsubscribe On Tue, May 20, 2014 at 10:55 AM, Raka maka wrote: Please correct me. I assume by default Investment Club is a public company if it is seeking a membership. or is it a "private investment company" as per SEC definition? |
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