"[T]he idea of waiting for something makes it more exciting. " (1) Conceptual art is art that consists of ideas, not their realization. It tests the boundaries of art, by eliminating the art object entirely. Legal scholars should be interested in conceptual art because it can help them test the boundaries of legal doctrines and their justifications. I created a work of conceptual art that reflects on both the securities laws and copyright doctrine. Among other things, I asked the SEC and the Copyright Office to opine on that work, with limited success. I use my experience to reflect on how conceptual art can illuminate our understanding of the law.