Does a private investor require to be licensed?

Answer 1

It is a federal thing mostly, but there are also state requirements. Essentially, the test is this--are you investing your money or someone else's? I know that there is a small number threshold for clients and character of participation. Some convicted brokers have a small (important word) list of people that they advise and are thereby able to work without a license, which they wouldn't be able to get because of their convictions on insider trading, etc. Contact a brokerage firm or the sec.gov website for the rules.

Answer 2

in case you propose on being compensated by using helping others purchase or sell real sources, you could have a real sources license. once you're an investor, then you definately do no longer. be careful as you do no longer decide for to be caught training real sources without a license. whether you're formally getting compensated by using your individual traders, you would be breaking the regulation without a state issued real sources license (it is not appropriate if repayment comes from customer or employer). previous all that, there is relatively no longer all that many regulations. as long as all events nicely known in writing which you're a licensee representing your traders, you would be large. the regulations are in certainty making confident you deal extremely with all events, shelter your clientele activity, behave relatively, and abide by using the REALTOR code of ethics (a stable theory besides)

Answer 3

depends upon state you wish to practice in. Check with attorney generals office of your home state as to requirements.. your local law enforcement agency may know or send you in right direction

Answer 4

It depends on the state.

Answer 5

yes

Answer 6

Not usually.

Answer 7

i hope so

Answer 8

No.