Securities laws - Posted by MDonovan FL
Posted by MDonovan FL on April 08, 2000 at 12:57:04:
When advertising for private money loans against my notes, where is the line to avoid securities laws? I’ve always thought that there would have to be a syndication before these regulations apply, but I would like to look before i leap. Ignorance is no excuse and all…
Example, classified ad:
HIGH YIELDS - Investor seeking private funds
to be secured by real estate. Cash in your
CDs and make some real interest.
I would presume that as long as each private loan was secured by one or more notes, then I would not fall under the security regulations. If I had more than one private loan for any note, then I WOULD have to comply with the regs. Right?
And is it OK to advertise your own notes for sale? I am not a broker.