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👀 Director of the SEC was asked... 👀
2 years ago
28
Director of the SEC was asked - "What is the current thinking of the SEC in light of the recent court decisions in the SEC vs Ripple case?
👉 Jeremy Hogan chimed in:
The SEC's pat answer when asked hard questions about crypto regulation is deceptive. It always starts with "The Howey test is clear..., it's been the law since 1946..." Like most pat answers, it's superficial and based on half-truths. Yes, on your first day of law school, you learn that most legal tests are based on "elements" such as is found in the Howey test for whether an asset is sold as a security.
See the rest of Jeremys thread here: https://thedinarian.locals.com/post/4887089/director-of-the-sec-was-asked
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