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22-Dec-2019 01:24
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There are three types of federal securities permissions that ICOs – or indeed any company seeking to trade a security – can apply for: Regulation D, Regulation S, and Regulation A .
But compared to the cost of having to cancel a crowdsale, return contributions to investors, and seek legal defense counsel after being prosecuted by the SEC, the next crop of ICOs may have little choice but to cough up and comply.