United Development Funding IV fka UDFI

[ofirm]

The issue is that the trust agreement (just like partnership agreements)
have certain things built in. keeping your investors in the loop
regarding THEIR money is one of things. other things are annual
meetings/reports and the larger thing is the tax issue. people could
be looking at filling wrong information without knowledge of doing so.
The partnership / trust agreement is a matter of state law, not sec.
Beyond that, the sec can not wash their hands off because they decided
to deregister them. the trust paid fees for sec protections of their
investors. you can not cancel the past.