FINRA Throws Shade on the ‘SAFT’ ICO Framework

FINRA Throws Shade on the ‘SAFT’ ICO Framework

The Financial Industry Regulatory Authority (FINRA), a Washington-based self-regulatory body, has cautioned investors to beware of ICOs touting their adoption of the SAFT (Simple Agreements for Future Tokens) framework as evidence of investment security or regulatory compliance. SAFT Background The warning, which appears in its August 16, 2018 Investor’s Alert publication addressing potential ICO investors

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Colman Ma
Colman is a technology writer covering gadgets and general tech trends. Colman is a geek at heart and loves anything that has a chip in it.

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