Michael Rane is listed as an executive officer, director, and promoter on 26 SEC Form D filings by 11 issuers between Jan 2010 and Nov 2020. Largest by amount reported sold: NATIONAL TRADING II, LLC (Chicago, IL — pooled investment fund — 2010–2014; $252.8M reported sold to 69 investors), 303 Equity Trading Group, LLC (Chicago, IL — pooled investment fund — 2010–2011; $202M reported sold to 300 investors), 303 OPPORTUNITIES LLC (Chicago, IL — pooled investment fund — 2010–2011; $137.2M reported sold to 311 investors), ONTHREE FUND, LLC (Chicago, IL — pooled investment fund — 2010–2016; $57.3M reported sold to 87 investors), 303 Proprietary Trading, LLC (Chicago, IL — pooled investment fund — 2010–2014; $37.5M reported sold to 79 investors) and 6 more (all listed below).
What this means That is a lot of deals — 11 separate companies raised money with this person listed as executive officer, director, and promoter, over about 10 years. Across those companies the filings report $724.6M sold in total.
All 11 issuers belong to the sponsor group Three Zero Three (11 issuers, $702.7M reported sold, 2010–2020).
What this means A sponsor group is one team that sets up a new company for each deal. Three Zero Three has 11 companies on file and $702.7M reported sold in total — the group page shows the whole track record in one place.
Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AZ, CA, DE, TX, WA) — none found.
What this means Nothing turned up where we looked (3 sources). That does not prove there is nothing — it means none was found in those sources on that date.
We compared 26 public filings for Michael Rane and found 9 differences, 4 worth asking the sponsor about: 4 offerings reported less sold on a later filing than an earlier one; Form D filed 1,423 days after the first sale; and more below.
What this means These are differences between the sponsor's own SEC filings — both values, dates and sources are listed in Key records, section 4. Most have ordinary explanations; ask the sponsor.