4 ms·
This is no different from Miami selling numbered prints of an artwork. How is it not legal?
by zepto 5y ago
This is no different from Miami selling numbered prints of an artwork. How is it not legal?
- sprafa 5y agoAn artwork? Well, maybe.
- elliekelly 5y agoWhich begs an interesting question: could a city selling of numbered prints of artwork ever be an "investment contract" under Howey[1]? I think perhaps yes. [1]https://en.wikipedia.org/wiki/SEC_v._W._J._Howey_Co https://en.wikipedia.org/wiki/SEC_v._W._J._Howey_Co.