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