SEC Says California IOUs Are Securities | Practical Law

SEC Says California IOUs Are Securities | Practical Law

An update on the SEC's statement that California's recently-issued IOUs are "securities" under the federal securities laws.

SEC Says California IOUs Are Securities

Practical Law Legal Update 2-386-3773 (Approx. 3 pages)

SEC Says California IOUs Are Securities

by PLC Corporate & Securities and PLC Finance
Published on 10 Jul 2009USA (National/Federal)
An update on the SEC's statement that California's recently-issued IOUs are "securities" under the federal securities laws.