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Originally Posted by raulus
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Which raises the question, how long you think before they go out and acquire all the cards used to measure and create their index, and then start selling people interests/units in it, just like say a DOW or S&P fund does?
Not an expert in securities law, so not certain exactly when someone would have to be afraid of crossing the line and become subject to actual securities laws and regulations of they did start trying to do something like this. However, I do believe there can be such laws and regulations at both the federal and state levels. So, the answer could vary based on where you, or maybe the entity offering the investment sales, are located as well.