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Are you arguing that beanie babies and comic books are securities? How about bars of gold? They are certainly speculation. But I doubt the SEC would ever claim
by stale2002 9y ago
Are you arguing that beanie babies and comic books are securities? How about bars of gold?
They are certainly speculation. But I doubt the SEC would ever claim that literal bars of gold (not notes, physical bars of gold) are securities.
- tptacek 9y agoThey are not, but the reason they are not is instructive.