Howey Bot

This bot runs you through the Howey Test, a test created by the Supreme Court for determining whether certain transactions qualify as "investment contracts." If so, then under the Securities Act of 1933 and the Securities Exchange Act of 1934, those transactions are considered securities and therefore subject to certain disclosure and registration requirements.



Creative Commons Attribution 4.0 International License

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Based on a work at https://www.coinbase.com/legal/securities-law-framework.pdf.