Security Defined | Practical Law

Security Defined | Practical Law

A Practice Note examining the definition of a security under US federal securities laws, federal court decisions, and SEC guidance. It covers key tests used in determining status as a security, such as the Howey and Family Resemblance tests, and presents specific analysis for several different types of financial instruments and transactions including stock, notes, partnership and LLC interests, and cryptocurrencies and digital assets. 

Security Defined

Practical Law Practice Note 0-578-9965 (Approx. 23 pages)

Security Defined

by Practical Law Corporate & Securities
Law stated as of 03 Oct 2018USA (National/Federal)
A Practice Note examining the definition of a security under US federal securities laws, federal court decisions, and SEC guidance. It covers key tests used in determining status as a security, such as the Howey and Family Resemblance tests, and presents specific analysis for several different types of financial instruments and transactions including stock, notes, partnership and LLC interests, and cryptocurrencies and digital assets.