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