Let's say I have some investors that want to give me a small amount, say $500k, to trade for them under a typical hedge fund format, 1-2% mgmt fee and 20% of profits. Obviously, that does not translate into big earnings potential for me, unless I return an astronomical number. But I am interested in starting this venture and growing it into something that is a little more feasible. My question is: can I trade my own personal account (retail or prop) on the side while managing this fund? Are there any restrictions? That way, I could still trade for my personal income as well as build the hedge fund at the same time. Does anyone know of anyone with experience like this? Thanks.