that's their own fault then, I have looked at over 100 ICO's in the last year and a half and have only invested in two, Varitasium and Wax. I am not an expert and don't have a background in finance.

Sure, SOME regulation is needed but it should be in the form of punative measures for bad actors, not restricting everyone, that's like not letting anyone ever cross the street because a few people jaywalk.