Re: investment services: any authorization required ?

Jun 20, 2004 2 Replies


snipped-for-privacy@ybodon.not (Anon Poster) wrote in


> news: snipped-for-privacy@news.btinternet.com:
>
>> So, you want to start a business in a field whose name you don't >> know? >
> Well, I thought for long it was Investment Adviser, but it
> definitely wasn't the same.
>
>> Sounds like you mean a Venture Capital Fund.
>
> mmm ... seems to be reserved to private investors, and I plan to
> open it to individuals too.

AFAIK this would indeed be an investment business requiring authorisation.


(uk.finance added)


"Rhoy the Bhoy" wrote in news:r2dBc.2706 $ snipped-for-privacy@news.indigo.ie:

That's what I thought, and that's also why I prefered to ask as, for the moment, I had only asked company formation (ready-made - off the shelf)/domiciliation companies, and they all answered "no authorization required". It seemed pretty strange to me.

See, I don't plan to do it myself, I don't have the qualifications. I would just be the shareholder, and hire a highly-skilled employee (business degree required) to run everything. I have some money to invest myself, and thought I could use it to start my own business after all.

Sincerely Larry

SNIP 8<

If the e-mail address shown is your real one, be prepared for a deluge of offers! There are dozens of Nigerian Princes who desperately need someone such as yourself to help them smuggle their untold wealth out of the country, and that's just for starters.

It's probably too late, but look up "munging" in a search engine.

DD

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