In SEC V. Howey, the Supreme Court

question 216

Multiple Choice

In SEC v. Howey, the Supreme Court:

• A) defined a security as an investment of money in an enterprise with the expectations of profits earned by the efforts of the investor
• B) was concerned with penalizing a case of fraud of investors in a large stock scam; it resulted in federal securities legislation being passed
• C) held all "for profit" investments to be subject to securities regulation
• D) held the sale of plots of land on a development to be a security
• E) none of the other choices

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Definitions:

Legal Requirements

These are mandates or statutory obligations established by local, state, or federal governmental bodies that organizations, individuals, or processes must adhere to.

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.

Employee Talent

The skills, knowledge, or abilities possessed by an employee that contribute to their performance in the workplace.

Team Member Skills

Abilities and competencies that enhance the performance and integration of an individual within a team, such as communication, collaboration, and problem-solving.