Last year the Commission on securities and exchange Commission (SEC) has approved 287 ICO-campaigns, available only to accredited investors. To such conclusion analysts of the MarketWatch.
All these ICO projects have used so-called form D, which significantly simplifies the registration process with the SEC. Most importantly, such campaigns to tomenselo allowed only accredited investors, with net assets of more than $1 million this category includes persons whose annual income in excess of $200 million, and firms with assets of more than $5 million
It is noteworthy that a form D does not need to register in advance — it can be issued within 15 days after the first sale of assets.
Analysts have counted $8.7 billion collected in 2018 at the end of tomenselo. In 2017 there were only 44 such licensee, which raised $2.1 billion.
ForkLog previously reported that in some cases unregistered ICO projects can circumvent the requirements of the U.S. securities legislation. To do this, the issuers of the tokens to be obtained from the SEC so-called letter of failure.