What qualifies as a securities transaction depends more on the nature of the deal than the asset itself, according to US ...

It established that for an investment to be a security, it had to meet a four-part definition: There’s an investment of money involved. The investment is part of a common enterprise with other ...

The groups asked the appeals court to restrict the definition of a dealer to businesses that trade securities on behalf of customers, arguing that the SEC’s broad definition would otherwise ...