SEC’s William Hinman, head of Division of Corporate Finance who oversees cryptocurrencies, says Bitcoin and Ether are not securities but many ICOs are (Bob Pisani/CNBC)

Bob Pisani / CNBC:
SEC’s William Hinman, head of Division of Corporate Finance who oversees cryptocurrencies, says Bitcoin and Ether are not securities but many ICOs are  —  The SEC’s point man on cryptocurrencies and initial coin offerings (ICOs) says that bitcoin and ether are not securities but that many …