{
  "vercy": "1.0-draft",
  "publication": {
    "status": "research-draft",
    "adjudicationStatus": "unreviewed",
    "publishableCanonical": false,
    "generatedAt": "2026-09-11T05:22:06Z",
    "providers": [
      "Claude"
    ],
    "breadth": "written by Claude from model knowledge without web access - no source was read, every claim is a lead to verify",
    "pass": 2,
    "wave": 1,
    "engine": "claude",
    "enrichment": {
      "pass": 3,
      "engine": "claude",
      "producedAt": "2026-10-05T16:30:00Z",
      "ingestedAt": "2026-10-05T13:19:55+00:00",
      "fields": [
        "agent_conduct",
        "ethics",
        "owners"
      ]
    },
    "gate": {
      "passed": true,
      "version": "1.0",
      "at": "2026-10-07T12:16:35+00:00",
      "evidence": [
        "completeness 1.00",
        "sense: WordNet gloss",
        "2 live sources",
        "review by codex: pass"
      ]
    }
  },
  "metaModel": {
    "id": "THING-SECURITY-2",
    "registryId": "vr.tr.security-2",
    "name": "security",
    "version": "0.2.0-wave.1",
    "entryKind": "thing",
    "family": "Thing Registry",
    "domain": [
      "SOC.ECO"
    ],
    "status": "research-draft"
  },
  "canonicalUrl": "https://ver.cy/models/thing/security-2/",
  "model": {
    "registry_id": "vr.tr.security-2",
    "name": "security",
    "purpose": "Let an agent handle securities by type, issuer, identifiers and terms, give factual information only, and never give personalised investment advice or execute trades.",
    "definition": "A tradable financial instrument that documents a claim or ownership relevant to finance and investment, such as a share, bond, government security or mortgage-backed security; the holder has rights defined by its terms.",
    "what_it_is_for": "Raising capital for issuers and giving investors claims on returns.",
    "affordances": [
      "issue it, under securities law",
      "hold and transfer it, through custodians and registers",
      "trade it, on markets, only by the investor or their broker",
      "research it, from filings and disclosures"
    ],
    "distinguishing_features": [
      "A tradable instrument with defined rights",
      "Regulated by securities law",
      "Equity and debt securities differ fundamentally",
      "Security as protection is a different sense"
    ],
    "appearance": "Usually electronic book entries; historically paper certificates.",
    "visual_identification": [
      "ISIN and ticker identifiers",
      "Prospectuses and term sheets",
      "Registered or bearer form"
    ],
    "physical_properties": [],
    "families_and_kinds": [
      "equity securities: shares, penny stocks",
      "debt securities: bonds, zero-coupon bonds, government and agency securities",
      "asset-backed securities such as mortgage-backed securities",
      "derivatives treated as securities in some regimes"
    ],
    "related_models": [
      {
        "relation": "is a kind of",
        "target": "document of title or financial instrument",
        "why": "claim"
      },
      {
        "relation": "is issued by",
        "target": "organization or government",
        "why": "issuer"
      },
      {
        "relation": "is identified by",
        "target": "ISIN",
        "why": "identifier"
      },
      {
        "relation": "is confused with",
        "target": "security as safety",
        "why": "a homonym"
      }
    ],
    "identifiers": [
      {
        "scheme": "ISIN",
        "value_or_pattern": "12 characters, ISO 6166",
        "note": "international identifier"
      },
      {
        "scheme": "CUSIP",
        "value_or_pattern": "9 characters",
        "note": "North America"
      },
      {
        "scheme": "ticker",
        "value_or_pattern": "exchange-specific",
        "note": "trading symbol"
      }
    ],
    "standards_and_regulation": [
      "EU MiFID II and Prospectus Regulation",
      "US Securities Act of 1933 and Exchange Act of 1934",
      "ISO 6166 ISIN"
    ],
    "failure_modes_and_hazards": [
      "Presenting information as investment advice",
      "Fraud such as pump-and-dump schemes in penny stocks",
      "Confusing similar tickers",
      "Stale prices"
    ],
    "in_scope": [],
    "out_of_scope": [],
    "characteristics": [],
    "agent_conduct": {
      "may": [
        "Report a security's identifiers, terms and published prices from official sources, with dates.",
        "Explain in general terms what rights a type of security gives its holder."
      ],
      "must_not": [
        "Buy, sell or transfer securities.",
        "Give personalised investment advice or recommend specific securities to a person.",
        "Spread false or misleading information that could move a security's price.",
        "Trade or tip others on inside information."
      ],
      "requires_human": [
        "Any decision to buy, sell, hold or pledge a security."
      ]
    },
    "ethics": {
      "considerations": [
        "Misleading information about securities can wipe out people's savings.",
        "Fair markets depend on equal access to material information."
      ],
      "affected_parties": [
        "Investors and savers",
        "Issuers",
        "Pension holders"
      ]
    },
    "owners": {
      "steward": "The holder of record; the issuer defines its terms and a securities regulator oversees trading.",
      "master_systems": [
        "Central securities depositories",
        "Issuers' share registers"
      ]
    }
  },
  "sources": [
    {
      "id": "oewn",
      "title": "Open English WordNet 2024, synset oewn-13437518-n",
      "url": "https://en-word.net/id/oewn-13437518-n",
      "what_it_supports": "sense and gloss of the concept",
      "url_status": "live",
      "checked_by": "http 200"
    },
    {
      "id": "wiktionary-en",
      "title": "Wiktionary: security",
      "url": "https://en.wiktionary.org/wiki/security",
      "what_it_supports": "word senses and usage",
      "url_status": "live",
      "checked_by": "http 200"
    }
  ],
  "structure": {
    "bundles": [
      {
        "id": "identity",
        "name": "Identity",
        "description": "Which security.",
        "rationale": "Identifiers prevent confusion.",
        "layers": [
          {
            "id": "ids",
            "name": "Identifiers",
            "description": "ISIN, CUSIP, ticker.",
            "findings": [
              {
                "id": "ids-finding",
                "name": "Identifiers",
                "description": "Identifiers.",
                "questions": [
                  {
                    "text": "What are its ISIN and ticker?",
                    "kind": "provenance"
                  },
                  {
                    "text": "Which exchange lists it?",
                    "kind": "provenance"
                  }
                ]
              }
            ]
          },
          {
            "id": "issuer",
            "name": "Issuer",
            "description": "Who issued it.",
            "findings": [
              {
                "id": "issuer-finding",
                "name": "Issuer",
                "description": "The issuer.",
                "questions": [
                  {
                    "text": "Who issued it?",
                    "kind": "provenance"
                  },
                  {
                    "text": "Is the issuer in good standing?",
                    "kind": "boundary"
                  }
                ]
              }
            ]
          }
        ]
      },
      {
        "id": "terms",
        "name": "Terms",
        "description": "Rights and features.",
        "rationale": "Terms define what the holder owns.",
        "layers": [
          {
            "id": "type",
            "name": "Type",
            "description": "Equity, debt, asset-backed.",
            "findings": [
              {
                "id": "type-finding",
                "name": "Type",
                "description": "Security type.",
                "questions": [
                  {
                    "text": "What type of security is it?",
                    "kind": "definition"
                  },
                  {
                    "text": "What rights does it give?",
                    "kind": "definition"
                  }
                ]
              }
            ]
          },
          {
            "id": "features",
            "name": "Features",
            "description": "Coupon, maturity, voting.",
            "findings": [
              {
                "id": "features-finding",
                "name": "Features",
                "description": "Key terms.",
                "questions": [
                  {
                    "text": "What are its key terms, such as coupon, maturity or voting rights?",
                    "kind": "provenance"
                  },
                  {
                    "text": "Where are they documented?",
                    "kind": "provenance"
                  }
                ]
              }
            ]
          }
        ]
      },
      {
        "id": "disclosure",
        "name": "Disclosure",
        "description": "Filings and information.",
        "rationale": "Regulated disclosure is the reliable source.",
        "layers": [
          {
            "id": "filings",
            "name": "Filings",
            "description": "Prospectus and reports.",
            "findings": [
              {
                "id": "filings-finding",
                "name": "Filings",
                "description": "Official filings.",
                "questions": [
                  {
                    "text": "Which official filings describe it?",
                    "kind": "provenance"
                  },
                  {
                    "text": "How recent are they?",
                    "kind": "provenance"
                  }
                ]
              }
            ]
          },
          {
            "id": "risk",
            "name": "Risk disclosures",
            "description": "Stated risks.",
            "findings": [
              {
                "id": "risk-finding",
                "name": "Risks",
                "description": "Disclosed risks.",
                "questions": [
                  {
                    "text": "What risks does the issuer disclose?",
                    "kind": "provenance"
                  },
                  {
                    "text": "Is it a complex or high-risk product?",
                    "kind": "boundary"
                  }
                ]
              }
            ]
          }
        ]
      },
      {
        "id": "limits",
        "name": "Limits",
        "description": "No advice, no trading.",
        "rationale": "Agents must not advise or trade.",
        "layers": [
          {
            "id": "advice",
            "name": "Advice",
            "description": "Boundaries.",
            "findings": [
              {
                "id": "advice-finding",
                "name": "Advice limits",
                "description": "What not to do.",
                "questions": [
                  {
                    "text": "Is the user asking whether to buy or sell?",
                    "kind": "boundary"
                  },
                  {
                    "text": "How should the agent decline and suggest a licensed adviser?",
                    "kind": "action"
                  }
                ]
              }
            ]
          },
          {
            "id": "fraud",
            "name": "Fraud",
            "description": "Warnings.",
            "findings": [
              {
                "id": "fraud-finding",
                "name": "Fraud warnings",
                "description": "Regulator warnings.",
                "questions": [
                  {
                    "text": "Is there a regulator warning about this security or promoter?",
                    "kind": "boundary"
                  },
                  {
                    "text": "Where can the user check?",
                    "kind": "action"
                  }
                ]
              }
            ]
          }
        ]
      }
    ]
  },
  "openQuestions": [
    "Should security types be separate entries?",
    "How should agents present security data without advice?",
    "How should delisted securities be recorded?"
  ],
  "statistics": {
    "bundles": 4,
    "layers": 8,
    "findings": 8,
    "questions": 16
  }
}