I'm wondering if the SEC's press release was largely misinterpreted. In the case of the DAO in particular, profits were promised to those who participated, if I'm not mistaken. I think the SEC's stance is to prevent ICOs from being used to launch new securities, not to discourage new ICOs from being launched.
Though, they did mention that it had to be done on a "valid fundraising portal," which BitcoinTalk is certainly not. Sigh.
Overreach in regulation is such a huge problem. It would be great if Trump stepped in, but hey...probably not.
RE: Government Regulation Of Cryptocurrency Is Becoming Increasingly Strict Within The USA, And Has Lead To Even More Hurtles For US Cryptocurrency Investors. Let's Take A Look At The Harmful Guidance Issued By The SEC Could Hurt Us All.