SEC Chairman Fires Another Warning Shot at ICOs as Agency Issues ‘Dozens’ of Subpoenas

The top regulator at the US Securities and Exchange Commission (SEC) has fired yet another warning shot at initial coin offerings (ICOs) that are being used to mask unregistered securities offerings. In an interview with Fox Business, SEC Chairman Jay Clayton reiterated that a significant portion of the ICOs that he has observed qualify as … Continued

The post SEC Chairman Fires Another Warning Shot at ICOs as Agency Issues ‘Dozens’ of Subpoenas appeared first on CCN

from Cryptocracken Blogger http://ift.tt/2G3p83H
via IFTTT