On Twitter, Stuart Alderoty pointed out a significant SEC error.

On Twitter, Stuart Alderoty recently pointed out a significant SEC error. He noted:
In 1946, in its Sup Ct “Howey” brief, the SEC unsuccessfully argued that an investment in a “common enterprise” was unnecessary provided there was a “community of interest”. The SEC was wrong then and it is still wrong now. Common Interest ≠ Common Enterprise.
Previously Ripple pointed out an important feature of the Liquidity Hub. Also Stuart Alderoty commented on the behavior of the SEC Chair.