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RE: Need attorney help setting up exempt CPO



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I know you may want to take advantage of the exemptions, but I'd strongly
encourage you not to. Doing so inadvertently denies you the advantages of
many other rules. Been there and done that in 1993. From experience I also
think that pools under the CFTC are far from the best idea. I suggest you
research trading futures under SEC rules. It's infinitely more flexible imo.
Whatever you do, you're on the right track seeking an attorney, but don't
turn away from an SEC attorney.

 -----Original Message-----
From: 	Scott Hoffman [mailto:trader2020@xxxxxxx]
Sent:	Monday, February 10, 2003 4:49 PM
To:	omega-list@xxxxxxxxxx
Subject:	Need attorney help setting up exempt CPO

Having compiled a solid 30 month real money track record, people are
knocking on my door with checkbooks in hand. So I am looking into forming an
exempt commodity pool (no more than 15 investors, < $200K) before I take the
plunge to register as a CTA or CPO.

Can anyone recommend a reasonably priced attorney and / or tax person who
specializes in this area to help me set up the best legal entity and make
sure I'm in compliance with the CFTC / NFA rules?

Thanks,
Scott Hoffman