How to Raise Capital Through Registration Exempt ICOs [Infographic]
Jeff Ifrah
Leading authority on online gaming law; Advisor to online gaming investors and Gaming Counsel in IPOs; highly ranked white collar litigator
The SEC has strongly indicated that initial coin offerings (ICOs) will be treated as securities, and thus must comply with various registration and disclosure requirements before being used to raise capital. Companies do have, however, several options for possible exemptions from the regulatory requirements that apply to registered public offerings.
This chart outlines potential exemptions to the regulatory requirements for ICOs and the criteria for qualifying for these exemptions; it further lays out potential advantages and restrictions for each option.
[Click on chart below to download infographic]
CEO & Founder at CinemaDraft, LLC, Cryptocurrency/Commodities Consultant
6 年What if an ICO is formed by and/or on Native American tribes/tribal land? What, if any, SEC rules would apply?