I'm not sure what you mean by "apply this retroactively". their legal argument for tokens being a security is established law. This press release has very littl

I'm not sure what you mean by "apply this retroactively". their legal argument for tokens being a security is established law. This press release has very little bearing on whether an company may or may not be prosecuted. Furthermore, ICO's are certainly not prima facie forbidden. The legal analysis will be a case by case basis, particularly asking whether a token would be considered an "investment contract".