523910 - Miscellaneous Intermediation

Description

This industry comprises establishments primarily engaged in acting as principals (except investment bankers, securities dealers, and commodity contracts dealers) in buying or selling financial contracts generally on a spread basis. Principals are investors that buy or sell for their own account. Illustrative Examples: Investment clubs Tax liens dealing (i.e., acting as a principal in dealing tax liens to investors) Venture capital companies Mineral royalties or leases dealing (i.e., acting as a principal in dealing royalties or leases to investors) Establishments primarily engaged in--

Examples:

• Individuals investing in financial contracts on own account
• Investment clubs
• Mineral royalties or leases dealing (i.e., acting as a principal in dealing royalties or leases to investors)
• Mortgage dealers, buying and selling
• Oil royalty dealing (i.e., acting as a principal in dealing royalties to investors)
• Securities speculators for own account
• Tax liens dealing (i.e., acting as a principal in dealing tax liens to investors)
• Venture capital companies
• Viatical settlement companies