Can I start a Quant Fund in PA without FINRA licensing (Utilizing SEC Exemption)

Can I start a 506(c) Quant Fund in PA without FINRA licenses?

I am looking to incorporate my own Quant Hedge Fund in the state of Pennsylvania.

I am wondering if I run a Hedge Fund that complies with the 506c SEC Exemption, is it still required to have any FINRA licenses?

Does the 506c SEC Exemption Law mean I don’t need to have my FINRA licenses to run my fund, as long as I follow all of the compliance rules/guidelines (providing PPM investment contract, verifying LP accredited investor status, etc)?

I know that typically, the fund manager would need their Series licenses to run a hedge fund, but I’ve read that complying with SEC Exemption guidelines (such as 506c) may indicate I don’t need my licenses to run the fund.

Any insight would be appreciated

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