![Do You Want to Launch an ICO? Please, Listen to the SEC](https://media2.mofo.com/v3/images/blt5775cc69c999c255/blt24d9a60d484c4065/627317bab5ad5f2863c59624/01_12_mofotechblog_600x295_blockchain01.jpg?format=auto&quality=60&width=700)
On January 18, 2018, the Securities and Exchange Commission’s (SEC) Division of Investment Management broke its relative silence regarding the recent growth of cryptocurrencies and cryptocurrency-related products. While signaling that registration of funds intending to invest substantially in cryptocurrency and related products is not on the immediate horizon, the guidance arguably provided the beginnings of a much-needed roadmap for the future development of registered open-ended funds ("mutual funds") and exchange-traded funds (ETFs) linked to cryptocurrencies and related products.
Read our client alert.