Replies to post #33468 on Marijuana Inc (MAJI)

[I-Glow]

I suggest you read the SEC website about hedge funds because what you posted is only part of the information.

"Hedge funds with regulatory assets under management in excess of $100 million are required to register with the U.S. Securities and Exchange Commission (SEC)."


Research the backgrounds of hedge fund
managers. Before entrusting your money to anyone,
research their background and qualifications. Make
sure hedge fund managers are qualified to manage
your money, and find out whether they have a
disciplinary history within the securities industry.
If the manager is registered with the SEC, you can
get this information (and more) by reviewing the
manager’s Form ADV. Form ADV is the uniform
form used by investment advisers to register with both
the SEC and state securities regulators. You can search
for and view a firm’s Form ADV using the SEC’s
Investment Adviser Public Disclosure (IAPD) website.
You also can get copies of Form ADV for individual
advisers and firms from the investment adviser, the
SEC’s Public Reference Room or the state securities
regulator where the adviser’s principal place of business
is located. If you don’t find the investment adviser firm
in the SEC’s IAPD database, be sure to call your state
securities regulator or search FINRA’s BrokerCheck
database for any information they may have.

Costello isn't a broker/dealer - so some limo driver is operating a unregulated hedge fund - this is too funny.

What you posted is from 2012 - hedge regulations have changed and you omitted some valuable information.

Costello claims to have over a billion dollars in assets and that has to be registered with the SEC!

Call Daniel Michael with the SEC tomorrow and tell him about the GRN hedge and ask him if Costello needs to register the hedge fund and be sure to tell him that Costello doesn't have any securities training but knows how to drive a limo.

IG