There is the Matt Levine answer to this which is 'Everything is Securities Fraud' [0]. He claims this is partially because securities law is broad and relativel

There is the Matt Levine answer to this which is 'Everything is Securities Fraud' [0]. He claims this is partially because securities law is broad and relatively functional, violations of other laws end up being pursued under securities law. [0] https://www.bloomberg.com/opinion/articles/2019-06-26/everything-everywhere-is-securities-fraud https://www.bloomberg.com/opinion/articles/2019-06-26/everyt...