In your experience, what is a good size for an investment...
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In your experience, what is a good size for an investment... In a message dated 1/15/2012 10:54:00 A.M. Eastern Standard Time,
laurie@bivio.biz writes:
I think anyone that has any question about whether their activities can be considered to be those of an investment club or something more sophisticated that is subject to more extensive registration and reporting requirements is also advised to consult an attorney which is familiar with their specific state laws. That is the best source for legal advice on your specific situation. It should be noted that state securities regulation is often stricter than
SEC regulation. State securities registration is entirely separate from tax
registration and a club needs to check the requirements in each state
where a member resides, not just the state the partnership is registered in for
tax purposes.
Ira Smilovitz |
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