Crypto assets continue to generate controversy. Recently, at least one Commissioner proposed a “safe harbor” which apparently would give firms involved with the assets a period of time to evaluate them without concern about regulatory questions. The assets for a …
Tag: Howey
Circuit Court Rejects SEC Claims on Howey Security Test
A central question in all of the crypto currency actions brought by the Commission is whether the interests being offered to investors are in fact securities. The seminal decision is, of course, the 1946 decision of the Supreme Court in …
Circuit Court Rejects SEC Claims on Howey Security Test
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