Startups Explore Reg A+ Path For ICOs Amid SEC Scrutiny
Law360 (March 28, 2018, 8:01 PM EDT) -- As initial coin offerings come under increased oversight from securities regulators, lawyers say more startups are considering the so-called Reg A+ exemption in hopes of completing aboveboard ICOs.
Reg A+ offerings, shorthand for the recently expanded Regulation A, are one of several provisions that were passed under the Jumpstart Our Business Startups Act of 2012, or Jobs Act, to increase capital-raising options for small issuers short of a full-blown initial public offering.
Though Reg A+ wasn't envisioned for ICOs, a nascent form of blockchain technology-based capital raising that exploded just last year, some lawyers say startups are increasingly considering this avenue...
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