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#howey — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #howey, aggregated by home.social.

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  1. People should understand that companies going forward will just issue crypto tokens instead of deal with the securities regulations that have protected investors for a century. There will be no disclosure of things like income, assets, ownership structure, and risks.

    The #SEC has already changed the rules so that a company that wants to issue a token to raise money can just say "this is not a security and thus is unregulatable" and if the SEC does not object within 60-90 days then that company is in the clear permanently.

    Mark my words, we're going to see #SpaceX, #Tesla, #OpenAI, and all the other opaque private companies burning insane amounts of money issuing tokens in the not to distant future.

    x.com/BanklessHQ/status/190675

    #uspol #finreg #CFTC #regulation #corruption #HoweyTest #howey #RobinHood #VladTenev

  2. Howey’s Silo Series of books has an interesting premise. There are sections that I thought were well-executed. But ultimately there are too many holes in his plot for it to be successful for me.

    I’m glad I took the time to read the books. I’m very curious to see how Graham Yost deals with the plot’s problems for the remaining two seasons. He’s already substantially changed the role of some of the characters who play roles in the first and third book.

    #Silo #Howey #AppleTV

  3. "The #SEC has generally submitted #cryptocurrency projects to the so-called #Howey test—by which every asset sold with the promise of profits deriving from someone else’s efforts qualifies as a security—and has slapped major players with lawsuits and fines for selling #crypto tokens to the public without abiding by securities law. ... “Cryptocurrency issuers aren’t providing those #disclosures, and #investors and speculators are getting harmed.” wired.com/story/cryptos-free-r