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)
Mineral royalties or leases dealing (i.e., acting as a principal in dealing royalties or leases to investors)
Venture capital companies


Cross-References.
  • Establishments primarily engaged in investment banking, securities dealing, securities brokering, commodity contracts dealing, or commodity contracts brokering are classified in Industry Group 5231, Securities and Commodity Contracts Intermediation and Brokerage.
2007
NAICS
  2012
NAICS
  2017
NAICS
  Corresponding Index
Entries
523910 523910 523910  Individuals investing in financial contracts on own account
523910 523910 523910  Investment clubs
523910 523910 523910  Mineral royalties or leases dealing (i.e., acting as a principal in dealing royalties or leases to investors)
523910 523910 523910  Mortgage dealers, buying and selling
523910 523910 523910  Oil royalty dealing (i.e., acting as a principal in dealing royalties to investors)
523910 523910 523910  Securities speculators for own account
523910 523910 523910  Tax liens dealing (i.e., acting as a principal in dealing tax liens to investors)
523910 523910 523910  Venture capital companies
523910 523910 523910  Viatical settlement companies