SEC Chairman Offers Views on Initial Coin Offerings

December 19, 2017

On Monday, December 11, 2017, SEC Chairman Jay Clayton waded into the ongoing debate surrounding cryptocurrencies, initial coin offerings, and the regulation of both.

In a statement urging potential investors to exercise caution and market professionals to focus on their responsibility to help protect investors, the Chairman warned of the susceptibility of the burgeoning crypto markets to manipulation and fraud.

Click here, to continue reading on the Cleary Cybersecurity and Privacy Watch blog.