Nasdaq CEO says: Retail Investors are being put at risk because of Oversight by ICOs

Nasdaq CEO says: Retail Investors are being put at risk because of Oversight by ICOs
фото показано с : bitcoints.com

2018-6-21 06:52

Nasdaq CEO Adena Friedman recently claimed that initial coin offerings (ICOs) pose “serious risks” for retail investors, CNBC reports June 20.
Speaking at the Future of Fintech conference in New York on Wednesday, Friedman expressed “real concern” about ICO projects, saying that they can seriously defraud retail investors.
Friedman said this is mostly the result of insufficient public information, as well as a lack of transparency, regulation, and accountability.
Friedman emphasized that ICO scam victims are usually beginner investors that have almost no access to information.
Friedman also said that she sympathized with the SEC’s claims that ICOs are securities offerings adding, “ I support the SEC on that.”

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