What is not an element in the Supreme Court's SEC v. Howey definition of securities:
A) an investment of money
B) in a common enterprise
C) with an expectation of profits
D) enterprise is managed by others
E) all of the other choices are part of the definition
Correct Answer:
Verified
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A) prohibited
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Q215: Which of the following is NOT true
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Q217: Which class of securities is (are) exempt
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