Commodity Pool or fund

Discussion in 'Professional Trading' started by Ialwayslearn, Jul 30, 2007.

  1. What is the maximum number of people you can have participate if you have family, friends, co-workers that want you to trade for them and still keep it simple?

    When does it get "complicated" or require more legalities than just depositing their money and trading?
  2. Aaron


  3. I am doing the same thing. A 3-c-7 entity is exempt under the investment company act of 1940. of course there still is filing procedures with your state(your sro). Look at your states website there is a list of them at the sec website. Here is something somewhat informative. also rules with nfa, like less than 10% of cap invested do not require you to register with them. It is alot of reading, but the reading is worth it.

    good luck!