Fair point, but when you take a margin loan, you also don’t have to register it ... | Hacker News

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		SilasX on Sept 8, 2021 \| parent \| context \| favorite \| on: The SEC has told us it wants to sue us over Lend. ... Fair point, but when you take a margin loan, you also don’t have to register it as a security.

mandevil on Sept 8, 2021 [–]

But the broker-dealer who made the margin loan is extremely heavily regulated by the SEC- margin loans are some of the things that they have the longest history with!

SilasX on Sept 8, 2021 | [–]

I know, just saying it's not a good example to make the point about "risk of loss implies need to register as security".

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