523910 - Miscellaneous Intermediation
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--
Including:
- 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