Private investment funds cannot make public offerings or general announcements about fund invitations through social media platforms like Facebook, as this would violate securities regulations designed to protect investors and maintain market integrity.
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WBM 5 Fund Invitation RulesAdded:
Yes. I am I just have one last question.
Um and that's really around, you know, are there some rules about inviting people to these funds? I've seen some maybe whoopsie daisies where there were {quote} "public offerings" made Right.
[laughter] Right. on a private fund. So, are there just like some simple things that we might avoid, even though we're pooling funds with friends? Should we go on Facebook and make an a general announcement about this?
>> Absolutely not. Angelique, I'm going to cut you off. Absolutely not.
>> [laughter] >> Because there are rules involved with that. Um
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