Howey Test
Howey Test
The four-part legal test derived from a 1946 US Supreme Court case that determines whether a transaction constitutes an 'investment contract' and therefore a security subject to SEC regulation.
SEC (Securities and Exchange Commission)
The SEC's role in crypto and tokenized securities regulation, from the Howey Test framework through the Gensler enforcement era to the Atkins reform agenda.
Token Classification Frameworks
Comparative analysis of how major jurisdictions classify crypto tokens into regulatory categories, determining which legal requirements apply to each token type.