Citation[]
Jay Clayton, Chairman, SEC, Statement on Cryptocurrencies and Initial Coin Offerings by SEC (Dec. 11, 2017) (full-text).
Overview[]
This statement provides the SEC Chairman's general views on the cryptocurrency and ICO markets and is directed principally to two groups:
- "Main Street" investors, and
- Market professionals — including, for example, broker-dealers, investment advisers, exchanges, lawyers and accountants — whose actions impact Main Street investors.