Are we getting closer to a world where more investors view blockchain/coins as an asset class for which they need risk reporting support? Where are they going to get that support or reporting? What solutions will best serve the needs of asset managers who count ICOs as a growing part of their portfolio risk?
“The SEC staff has concerns that many online trading platforms appear to investors as SEC-registered and regulated marketplaces when they are not,” the agency said in the statement.
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Clayton has said in the past that he generally considers ICOs to be securities offerings subjected to certain regulatory requirements.