from the USTA Communications Department

Columbus, OH — The following article by USTA President Russell C. Williams provides a very brief overview of state and federal securities regulation and the issues you should consider if you plan to either offer or purchase fractional racing interests.

The USTA is not giving legal advice by publishing this piece, nor should anything in it be used as legal advice.

Nothing in this piece expresses any USTA policy. However, we believe that our obligation to serve our membership requires us to point out certain considerations regarding fractional racing ownership that might otherwise be overlooked.

To read the complete article, click on this link.