Daily Close | Forex, Metals, Oil, Agriculture June 07, 2023

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United States

What it can do is try to shut down Coinbase Inc., the biggest US crypto exchange, and shut Binance, the biggest global crypto exchange, out of the US market. Broadly speaking, the US securities laws regulate mostly public sales of securities, widespread sales to retail investors; private placements to big investors are less regulated. Does it mean that secondary market transactions trading of Meta stock on Nasdaq are somehow not transactions in stock, because Meta is no longer selling stock to raise money?
Money Stuff The US Securities and Exchange Commission began cracking down on crypto in 2017. Does this mean that its stock is not a security, because Meta does not raise capital from users trading on Nasdaq? There are two main securities laws in the US, the 33 Act and the 34 Act.

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