SEC 'Looking Closely' at Public Company Blockchain Pivots, Says Chairman

Coindesk ---------- The head of the U.S. Securities and Exchange Commission said today that the securities market regulator is "looking closely" at the trend of public companies that have announced new focuses on blockchain. As previously reported by CoinDesk, a number of firms in recent months have made waves by announcing that they are shifting to blockchain business ventures, including a firm previously dedicated the sale of iced tea. And while those announcements have often sparked price increases, the trend itself has sparked warnings from both the agency as well as groups like FINRA as one potentially ripe for abuse by would-be fraudsters. To learn more click on the picture below to read the article.