Your current state is Virginia
I trade options and stocks in the stock market. I would like to create a North Carolina LLC where I trade the LLC's funds in the stock market. My brother, an accredited investor, would provide 10% of the funds and I would provide 90% of the funds to trade in the LLC. I have no securities... Read more »
I'm a competent investor and I have made outsized returns for the past 2 decades. My friends and family all want me to take their money and invest it for them like I do. It is my understanding of the law that this would not be legal, as I am not a financial advisor nor do I have... Read more »
My father passed away in 2011 leaving shares. In 2012, the stock yield dividends in value above exemption. For certain reasons, I was able to retrieve these assets in 2022.
As of now, I am receiving the shares which worth more and these dividends. The question is whether I shall pay... Read more »
And hallway pointed to my door and bathroom without my consent. I wasn’t notified that house was being recorded and since she was on vacation and I’m the only other tenant, I walked out of room without being fully dressed to enter my bathroom, and grab something from kitchen. She then, after... Read more »
I trade options and stocks in the stock market. I would like to create a North Carolina LLC where I trade the LLC's funds in the stock market. My brother, an accredited investor, would provide 10% of the funds and I would provide 90% of the funds to trade in the LLC. I have no securities... Read more »
And drug her through the store when I tried to take her from him he put her behind this waist high door that locks and refused to give her to me until I got very loud and verbal rippped it open and took her he called cops I paid for the candy she stole and cops did nothing but do I have a case for... Read more »
I have been trading in crypto and recently went to withdraw my earnings (almost 900k) from my wallet in the last week. The wallet that I use is stating that in order for me to receive my funds and withdraw my money that I am required to prepay the 20% tax rate on short-term investments within 7... Read more »
how we can remove this herasment and torture
Is it legal for a brokerage firm to decide they no longer want to manage my account and sell my securities without my permission. They refused to transfer them to another firm.
answered on Sep 22, 2022
Yes, it is legal for a brokerage firm to decide that they no longer want your business.
No, it is not legal for the brokerage firm to liquidate your securities unless they have a good reason.
For any more help you will have to retain a lawyer. Search for one using Justia.
In my security deposit To make up the new monthly rent of $1500
I.e. Could I legally cover the taxes on an employee's vest, to "purchase" the shares that would normally be sold to cover the taxes associated with the vested stock amount? If I formed a private agreement with that employee to earn the return on those shares, minus some percentage,... Read more »
answered on Sep 20, 2022
This seems like a strange way to address the issue. Without speaking to your specific situation, a loan, to be repaid [secured or unsecured], would be a way one could cover costs. You need to speak with a local attorney regarding your specific situation. [I litigate cases. Anything posted here must... Read more »
I have a pending summons to court which has not been served on me and 2 other defendants regarding plaintiff losses from Bitcoin Cloud Mining. The plaintiff did not follow my specific advice and is trying to all 3 of us for $350,000 regarding his loss of $10,000 in March 2020. Is this a valid... Read more »
my friend and her partner are fighting because of this fake news
answered on Sep 1, 2022
Anyone can allow you to manage their money. There are no requirements for you to do so. Having a business of, or charging for, managing someone else's money can a different story and is more complicated.
I have been a client of Merrill Lynch (ML) for more than 20 years. Not until 3 months ago did any of my advisors at ML ever mention that I should be purchasing US Govt issued iBonds, as part of my portfolio, which in almost every year of my ML relationship have paid a substantially higher return... Read more »
answered on Jul 28, 2022
California law finds that stockbrokers and financial advisors are per se fiduciaries to their clients. Thus, the fiduciary has to act in your best interest first. There are a number of other duties that arise when a stockbroker is a fiduciary, such as keeping their clients abreast on changes in... Read more »
I currently have access to a crypto investment fund through an individual who trades to make a group of us money, and I want to open it up to friends and have them go through me in order to invest. I pay $200/mo to have access to the fund, so I would charge them $100/mo and have them go through me.... Read more »
answered on Jun 16, 2022
This response does not constitute legal advice.
Yes. If you take your friends' money for access to an "investment fund" an "individual" (read: not a broker) runs, you could be violating several securities laws as well as potential "blue sky" State laws.... Read more »
I am the Beneficiary for the investments my ex-wife made she passed away in2019 her executive of the will told me that she gave everything to her Granddaughter I asked for the paperwork and he told me that I was trying to dig up dirt on my ex-wife. Can he override the Beneficiary for investments
answered on Feb 28, 2022
Your divorce eliminated your name as beneficiary on investments. Investments like a mutual fund or stock are allowed to have a "pay on death" or a "transfer on death" designation. Sometimes the accounts will be in both names, with a "right of survivorship". The goal of... Read more »
In st. Tammany Parish Louisiana I have trial in one month. I was in fact on surveillance videos sitting in the uhaul but I never went in the storage building or in a unit. I never cut locks or damaged any properties. I didn't want to be involved. Can they actually convict me with the crime if... Read more »
answered on Feb 16, 2022
If you have trial in 1 month you should have an attorney representing you----please discuss with your attorney. If not, then you need to hire a criminal defense attorney immediately because you do not want to go to a felony trial representing yourself. Lastly and perhaps most importantly, stop... Read more »
I was scammed by someone who claimed to be working as a broker for Bitmap cryptocurrency. I found out once they told me whoops I gave you too much money can you please send me back this much through cash app. I was like oh man this is a freaking scam thing it so I am out at $2000 so far with them
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