I was interviewed by a Chinese newspaper ChainDD concerning Initial Exchange Offerings (IEOs).   Just like Initial Coin Offerings, if we are discussing a security, IEO Offerings need to either be registered with the U.S. Securities Exchange Commission or meet an exemption from registration or they are illegal under United States law.  See the ChainDD interview at https://www.chaindd.com/3192255.html .  If you have the interest, you can hit play and listen to the interview in full.