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← Glossary

Securities and Exchange Commission (SEC)

The Securities and Exchange Commission (SEC) is the U.S. federal agency responsible for regulating securities markets, protecting investors, and enforcing laws against fraud in investment offerings.

The SEC becomes relevant in real estate when ownership interests are structured as securities — meaning investors pool money with the expectation of profits managed by someone else. REITs, real estate syndications, and certain fractional ownership platforms fall under SEC regulation. If an offering qualifies as a security, it must be registered with the SEC or qualify for an exemption, and sellers must follow strict disclosure rules.

GoForth, a luxury co-ownership company, structures its properties as direct real estate ownership through LLCs — not as securities. Each of the four owner families holds a genuine ownership interest in a specific home, makes decisions about that property, and uses it personally. This direct ownership model means GoForth properties are structured as real estate transactions, not investment securities, giving owners straightforward deeded interest in their home.

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