>issue guidance for how ICOs could be conducted in compliance with Regulation D [1] (or A). But, reaching for that compliance essentially negates one of the ke

>issue guidance for how ICOs could be conducted in compliance with Regulation D [1] (or A). But, reaching for that compliance essentially negates one of the key benefits of ICOs, namely that you've specifically not been required to comply with SEC regulations. That's kind of the open secret with some of these crypto offerings. Have a look at the (non-crypto related) Reg A+ stuff, especially Title IV. It was supposed to open the flood-gates on crowdfunding, mini-IPOs, etc. But, the requirements are so demanding that the bar is still extremely high for any sort of substantial offering, and there has thus been relatively little activity that leverages that reg. Take the same style of regulation and apply it to crypto (ICOs, etc.) and watch activity plummet there.