C12 case analysis 3 securities and exchange commission v. edwards

  

Securities and Exchange Commission v. Edwards

  • Summarize the facts of the case;
  • Identify the parties and explain      each party’s position;
  • Outline the case’s procedural      history including any appeals;
  • What is the legal issue in      question in this case?
  • How did the court rule on the      legal issue of this case?
  • What facts did the court find to      be most important in making its decision?
  • Respond to the following      questions:
    • Why was the Supreme Court       unwilling to exclude contracts guaranteeing a fixed rate of return from       the definition of security?
    • Are mortgage notes securities       when they are sold with a package of management services and a promise to       repurchase the notes in the event of default?
  • Do you agree or disagree with the      court’s decision? If you disagree, provide an explanation of your      reasoning.