What is a Security?

The video discusses the broad statutory definition of securities, which includes ownership interests in businesses like stocks and bonds. It highlights the concept of investment contracts, where value is created through the efforts of others. The statute is designed to be broad to prevent consumer fraud and deceptive practices, covering various methods that could mimic traditional securities. A separate video will further explore investment contracts.

How can ownership interests in a business be disguised?

Discuss the implications of the broad definition of a security.