Crypto Greg

#Coinbase It's pretty hard to get the SEC to admit what is outside their control. So check this out! TITLE 17— COMMODITY AND SECURITIES EXCHANGES Chapter II— Securities and Exchange Commission Part 231—Interpretative Releases Relating to Securities Act of 1933 and General Rules and Regulations Thereunder STATEMENT REGARDING TRADING STAMPS .. "The trading stamps referred to are the ordinary ones which are sold to retail merchants, who give these stamps to their customers who, in turn, may redeem them for cash or merchandise" "The Food Industry's basic argument is that an “evidence of indebtedness” is included in the statute’s definition of a security, and that a trading stamp is an “evidence of indebtedness”. However, the same argument-could be made as to streetcar tokens, meal tickets, Christmas gift certificates, box tops, railroad or theatre tickets and others too numerous to mention. The legislative history and other provisions of the statute indicate that the Congress did not intend to include such items within the scope of the statute." "The Commission emphasizes that this release is concerned only with trading stamps redeemable in cash or merchandise." federalregister.gov/citation/23-FR…