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Browse: Home / 2017 / December / 11 / With markets going crypto-crazy, SEC chairman weighs in | TechCrunch

With markets going crypto-crazy, SEC chairman weighs in | TechCrunch

By Securities Docket on December 11, 2017, 9:10 pm

Clayton addresses his comments to both Main Street investors and financial services and market professionals that are selling the new financial products — and he has choice words for both.

A tl;dr of the statement yields three main principles. For investors, it’s buyer beware. For market professionals: coin offerings are securities. And for market makers: you may be in violation of U.S. securities laws if you’re not registered with the SEC and selling some of these securities.

via With markets going crypto-crazy, SEC chairman weighs in | TechCrunch.

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Posted in Industry, SEC, Top | Tagged ICOs

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