News for hackers. Stuff that matters.

A comment on The SEC has told us it wants to sue us over Lend. We don’t know why. Parent comment

Re:The SEC has told us it wants to sue us over Lend. We don’... by JumpCrisscross on Wednesday September 08, 2021 @01:55AM (#28453554)
> isn't the point of the Howey test that you're making investments with variable returns, where those returns depend on the efforts of others?

No. By that standard, no bonds would qualify as securities.

[ Parent | on HN ]

There are no comments on this comment yet.