Hello to all, I have a couple friends who want to give me money to invest. Can anyone give me some pointers on the legal implications of this?1) Any comments on whether I need licenses (used to have series 6 & 63, now lapsed)2) I would be taxed at my marginal rate, and the friends are content with me taking 30%/15% of the top of short/long term gains. Aslong as everyone fills out gift tax forms for the IRS, is there any other taxable implications?Thanks in advance!Trond
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