SEC

USING Howey Test They are unable to flex outside of the Howey Test. In order contort the 70 sum odd year old staple they would have to consult with congress.Council  that previously worked at the SEC for more than a decade, said the agency could clarify existing laws and make exemptions, but it would take moves by Congress to make a difference.

Questions asked include:

Will congress act this year?

Will they have too sooner or later change the Howey test?

Will they go within the new bills are update the Howey test?

This list of questions will be updated..