ICOs are Securities: Token Based Offerings Poised for a Rude Awakening as US Regulators May Soon Act.How will this affect nvo and it's hodlrs?

http://news.fintech.io/post/102ek5c/sec-chief-fires-warning-shot-against-coin-offerings  

https://www.crowdfundinsider.com/2017/10/123748-icos-securities-token-based-offerings-may-poised-rude-awakening-us-regulators-act/