The SEC chief has a new warning for ICO investors: Buyer beware

The SEC chief has a new warning for ICO investors: Buyer beware

In a statement peppered with boldface warnings, the Securities and Exchange Commission is urging people eyeing crypto-asset investments to exercise “extreme caution.” “There are tales of fortunes made and dreamed to be made,” said Jay Clayton, chairman of the US regulatory agency, in remarks directed to both “Main Street” investors and market professionals. “We are…