What Is the ‘Howey Test’?

The Howey Test is a legal framework used by the US Supreme Court to determine if a transaction qualifies as an 'investment contract' and is therefore a security subject to regulation. It asks if there is an investment of money, in a common enterprise, with the expectation of profit, to be derived from the efforts of others.

How Does the “Howey Test” Determine If a Crypto Derivative Falls under SEC or CFTC Jurisdiction?
How Does Decentralization of a Crypto Network Affect Its Classification under the Howey Test?
What Is the Howey Test and How Does the SEC Use It to Classify Digital Assets as Securities?
How Does the ‘Howey Test’ Differentiate between a Security and a Commodity in the Crypto Space?
What Is the “Howey Test” and Its Relevance to Crypto Tokens?
What Are the Four Prongs of the Howey Test?
Is There an Election to Avoid Mark-to-Market for Section 1256 Contracts?
What Is the Howey Test and Why Is It Crucial for Crypto Regulation?

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