|Re: getting money up front||<– Date –> <– Thread –>|
|From: Matt Lawrence (matttechnoronin.com)|
|Date: Mon, 8 Feb 2010 14:26:23 -0800 (PST)|
On Mon, 8 Feb 2010, vandeist [at] msn.com wrote:
By pulling your money, have you violated any Security & Exchange Commission (SEC) regulations? If people without a history together pool their funds, the SEC interprets that as a security. Did your group members have an extensive personal/business history with one another? Are you an LLC or incorporated? Did you create a security? Please tell. We have avoided pulling our funds, because we're new to one another as a group and didn't want to run afoul of the SEC. Now we're considering creating a security. Van Deist Venice, FL
Why should they care? They aren't governed by American laws, this is a Cohousing group in the UK.
-- Matt It's not what I know that counts. It's what I can remember in time to use.
- getting money up front Fiona Frank, February 8 2010
- Re: getting money up front Raines Cohen, February 8 2010
- getting money up front Thomas Lofft, February 9 2010
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