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Re: dbob post# 88567

Tuesday, 03/31/2026 5:38:14 PM

Tuesday, March 31, 2026 5:38:14 PM

Post# of 89030
You have 25 investors that you represent...does that require a license?

From Google: Yes, based on the description of your activities, you almost certainly need a license and registration to legally represent 25 investors, especially when trading penny stocks.
Representing multiple investors (outside of immediate family) and trading on their behalf generally triggers regulatory requirements for Investment Adviser (IA) or Broker-Dealer registration.

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