I guess lots of people are trying to figure out ways to do their own business in sideline while they are in the process of GC. The fact that doing a business with your own name is an violation for INS regulation is a surely frustration to anyone who's mindset is naturally entrepreneur. I had the same question myself and decided not to go that route until I get my GC. I could establish a LLC with US partner and take just profit without involving into the business at all. However, that doesn't just suit me.
I have another question, though. I think I came across this issue from another thread the other day, but couln't find it again. Someone said that heavy stocking trading such as day trading could be violatoin of H1-B status. If that's true, does anyone know where BCIS draws the line? I trade stocks quite often (5-10 times on average monthly) although I'm not a daytrader. Does it mean that I'm in violation of my H1-B status?
I have another question, though. I think I came across this issue from another thread the other day, but couln't find it again. Someone said that heavy stocking trading such as day trading could be violatoin of H1-B status. If that's true, does anyone know where BCIS draws the line? I trade stocks quite often (5-10 times on average monthly) although I'm not a daytrader. Does it mean that I'm in violation of my H1-B status?