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SEC investigates Bored Apes, AI-generated Steve Jobs/Joe Rogan interview & more | E1585
This Week in Startups
What Is a Security?
A lot of times it gets lost because people throw it around, but people fully don't really always understand what a security is. So we have to really start asking ourselves, like, what aspect of what they've done falls into this? And so maybe let's use that to frame our discussion. I mean, equities in the United States, we know are regulated by the SEC. They provide ownership in an entity, common interest in a company. There's a series of laws around it. These are driven by the Securities Act of 1933 and you have to follow them.
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