Q: Can I advertise my hedge fund?
I and three of my partners are registering as Investment Advisors, exam scheduled soon and want to know - can we register "lots' of hedge funds to get around the max 35 non-accredited investors rule? Are we allowed to advertise the hedge fund via email, online etc..? Do we have to register with SEC or each state? Our target demo is non-accreditted, so if you can help with the a-z process, that'd be great. We have the advising side 100%, just unsure of the structure side. Thanks in advance
A:
If you're going to be running a hedge fund, you should be consulting with a qualified securities lawyer about not just this question but in general making sure you are in compliance with applicable laws.
Please Take Notice: I am not your lawyer unless we enter into an engagement agreement in writing. This is general information that is given for legal education only. It is not legal advice, and it may not work for your specific situation. It is impossible to evaluate a legal problem without a comprehensive consultation and review of all the relevant facts and documents. I strongly encourage you to consult with a local lawyer to get legal advice and help with your specific situation at your earliest convenience. I am licensed to practice law in Arizona.
A:
If you're going to be operating a hedge fund, you should be working closely with an experienced securities lawyer to make sure you are in compliance with the many laws and regulations that apply.
Please Take Notice: I am not your lawyer unless we enter into an engagement agreement in writing. This is general information that is given for legal education only. It is not legal advice, and it may not work for your specific situation. It is impossible to evaluate a legal problem without a comprehensive consultation and review of all the relevant facts and documents. I strongly encourage you to consult with a local lawyer to get legal advice and help with your specific situation at your earliest convenience. I am licensed to practice law in Arizona.
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