we have been the tyro organisation who wish to settle ourselves as the non-profit classification which will traffic commodities. the profits, (should there be any :/), will be used to account scholarships as well as the club. there have been the lot of legalities to this as well as i would similar to a little help. would you be authorised to do this activity?
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Yes you can – there are many “non profits” that trade in the various markets and I had several as clients
Just make sue you have the structure of you trading group properly structured, if would be advisable to have a “securities” lawyer help you with it. (What ever yo do DO NOT use a lawyer that does not understand securities law).
If you have access to a “major” NYSE member firm (not a branch office) you could seek their help (it’s free) – do not deal with a branch, unless it is a major branch – OSJ office