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Richard - Bizlaw
Richard - Bizlaw, Attorney
Category: Business Law
Satisfied Customers: 10377
Experience:  30 years of corporate, litigation and international law
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If i start an LLC for trading stocks, is it against any laws

Customer Question

If i start an LLC for trading stocks, is it against any laws to spend the money I make any way I choose?
JA: Can you tell me what state the LLC is registered in?
Customer: North Carolina
JA: Has anything been officially filed? If so, what?
Customer: Not yet. I wanted to make sure everything was legal before getting into it and getting in trouble
JA: Anything else you want the lawyer to know before I connect you?
Customer: Thats it
Submitted: 4 months ago.
Category: Business Law
Expert:  Richard - Bizlaw replied 4 months ago.

Hello, my name is ***** ***** I will try to help you. Please remember I just report or interpret the law, so the outcome may not be what you hoped for.

You are free to spend the money your LLC generates from trading in securities any way you see fit. There is no legal restriction.

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