Awesome response. I think you make some great points. Ultimately they can't really stop things. What I think they can do is go after individuals that may be involved. For example they could target any people who are members of the team that reside in the US. They could also shut down any exchanges that are based in the US that don't comply.
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That's the extent of their powers, it appears. I'm glad you agree they can't really totally stop ICOs if people are determined enough to skirt regulators -- somebody always is. If they come after ICOs, it could have a chilling effect. Then again, it could be the very impetus to free the cat from the bag, as it were.
Well they might just push things underground.