Trading for friends and family

[oldtime]

actually, they loan the money to the partnership

 

[Robert Yanks]

Would something like this be of value?

http://www.leighdrogen.com/the-hedge-fund-structure-is-dead/

 

[TraderSystem]

A similar thread here regarding the pooling of money where the legal and financial issues were discussed; please see below:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=127983

 

[Landis82]

Quote from shorty_mcshort:

FYI,

The state that you live in will sponsor you to take these exams (series 7, 65, etc...) just call the correct state office. By having the state sponsor you that frees you to choose any broker you want. You aren't locked in to any higher priced broker. I choose to use IB.

For the Series 7???
What meds are you on?

FINRA requires an individual to be sponsored by a member firm, an SRO, or an Exchange in order to take the Series 7 exam. A Form U-4 must be filed by the sponsoring firm in order to schedule the exam.

 

[stav]

Anyone in this forum took the Series 65 exam lately? Would you mind to share your impressions with us?
Thanks