SEC Issues Release & Investigative Report on Token Sales

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The SEC has issued long awaited guidance regarding token sales, also referred to as ICOs.  We will issue a summary of this guidance shortly, but in the interim please find the links to the SEC’s press release, investigative report (link in press release), and public statement from the SEC’s Divisions of Corporation Finance and Enforcement.

 

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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