"A change in the structure of a securities offering does not change the fundamental point that when a security is being offered, our securities laws must be followed"
They're saying it's fantastic, just do it legally. And for any offering that passes the Howey Test, that means registering with the SEC.
"A change in the structure of a securities offering does not change the fundamental point that when a security is being offered, our securities laws must be followed"
They're saying it's fantastic, just do it legally. And for any offering that passes the Howey Test, that means registering with the SEC.