TO ALL FRAUD DD BOARD PLUS JANICE :
Hello and first of all I really enjoy coming in here and reading the posts, DD, warnings you guys offer new traders. This board is great and it's great iHub has that. I want to thank each of you for all your contributions. I lurk here daily.
Now, as you all know the crowdfunding rule was recently introduced. You all are much much better and depicting verbatim and rules then I am, and seem to have extensive knowledge of the SEC intentions and actions. I have a question I am hoping one or as many of you as possible can answer; for accuracy. So, here goes:
I have no series 63, 7, or any financial licenese. I have two degrees and none in finance. I have traded extremely well over the past few years, and want to live my dream job of trading for myself, friends, and family. I have had many friends and family members offer me money to trade on thier behalf. Up until now, I never considered it because I thought I'd need a license for that.
With this new crowdfunding rule, does it mean:
* I can set up an account under my name/company with whoever's money that I want?
* I can build capital from ANYONE, and trade it under my name/company?
I hope I wasn't confusing with these questions. If you can provide any insight I would more then appreciate it. This rule may allow me one step closer to living my dream and I want to be sure I understand it correctly.
Thank you all again for your time and what you do here, have a great day.
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