SEC Warns Crypto Investors of Initial Exchange Offerings in New Note – CoinDesk

SEC Warns Crypto Investors of Initial Exchange Offerings in New Note – CoinDesk

The U.S. Securities and Exchange Commission has published its first warning against initial exchange offerings (IEOs) Tuesday. According to the notice, the regulator considers IEOs to be similar to initial coin offerings (ICOs), many of which the agency has been investigating as unregistered securities offerings for the past several years.