9 ms·
IANAL, but I think you'll run into SEC issues with a setup like this. Take a look at Reg D, 504 http://www.sec.gov/info/smallbus/qasbsec.htm http://www.sec.go
by maxdemarzi 16y ago
IANAL, but I think you'll run into SEC issues with a setup like this.
Take a look at Reg D, 504
http://www.sec.gov/info/smallbus/qasbsec.htm http://www.sec.gov/info/smallbus/qasbsec.htm
- jacques_chester 16y agoI had a similar idea to OP and ran into similar regulatory issues. Still, Paypal was a regulatory nightmare too.