SEC has amended the procedure to make it easier for asset management companies to seek a unitholders’ resolution to revise or modify a mutual fund project and its management procedure by
additional rules regarding ICO advertisements. Essentially, such advertisements must refrain from enticing or pressuring investors into uncareful investment decisions. Moreover, they must not imply guaranteed
professionals, enticing investments in stocks and digital assets with seemingly low investment amounts and unrealistically high returns. The schemes claim that investing requires little to no knowledge and is