[Karen37a]

The people who raise the capital for private placements are called "investment bankers"...stockbrokers raise capital as well...their manager has a Series 24 licence...hedge funds raise capital

Not traders or back office

There are some companies backed by hedge funds, some by banks or credit lines...some of us are the ones who raise or raised the capital...legally...that's why we tried to stop the implosion on us and we object to the bankers talking down to us.


If the money was from an accredited investor they know the risks...if you syndicated your own money ...you are fine( technically if you are not accredited you can go afte the one who let you do it)..if you took other peoples money they better have been an accredited investor and packaged a certain way....either thru partnerships or shares...or private placements

Check with an atty

bye