When does an investment club have to register with the SEC as an investment company under the Investment Company Act of 1940?

How do you know if an investment club is making a public offering?

An announcement that a club is looking for new members might be considered a public offering, but this is determined on a case-by-case basis. An attorney with experience in securities law can help the club determine if its membership interests are securities, and if the club is making a public offering of those securities.

Open a Market Place account
The Lien Exchange Market Place has been built on good old fashioned "Customer Service". We give our members what they want, Products and Services that help them to build real wealth. If you need further assistance before signing up, feel free to call us or email any questions. Click here

Current Investment Clubs Article Index

A Warning for Investors

Blaze Your Own IRA Trail

Do-It-Yourself-IRA's - By Michael Fritz

Using Your IRA or 401K inside an Investment Club

Investment Clubs and the SEC

What is an investment club?

Are investment clubs regulated by the SEC?

When does an investment club have to register the offer and sale of its membership interests with the SEC under the Securities Act of 1933?

When does an investment club have to register with the SEC as an investment company under the Investment Company Act of 1940?

How do you know if an investment club is making a public offering?

Do securities laws apply to a person who provides advice to an investment club?

Do states regulate investment clubs?