Re:The SEC has told us it wants to sue us over Lend. We don’...
by kccqzy on Wednesday September 08, 2021 @07:33PM
(#28464351)
This is absurd. You can make a security out of something that's not a security.
The US Dollar isn't a security (it's a currency), but many USD lending platforms in fact offer securities. Bonds can be denominated in USD and they are securities.
My house isn't a security, but when my bank decides to package the house-backed mortgage and sell it as MBS, it's a security.
The US Dollar isn't a security (it's a currency), but many USD lending platforms in fact offer securities. Bonds can be denominated in USD and they are securities.
My house isn't a security, but when my bank decides to package the house-backed mortgage and sell it as MBS, it's a security.