As I read the 12/10/08 PR, 141 is setting up a contractual arrangement with a LLC (STP1) to provide financial services. Could this be viewed as STP1 LLC is the fund that is getting the exemption not 141? I am not a laywer; I am just looking for an understanding of what 141 is doing and how they fit with the exemption. If this is the case, then 141 may be able to set up additional LLC'S as funds. Just an opinion, please do your own DD.
Thank Allie That settles it. But sure shows how poorly written the definition is. Man it seems no matter what it is we have to speculate on what we are being told.
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