Stay updated with breaking news from Accountable Act. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
House Financial Services Committee cleared two proposals in connection with SPAC transactions. The first bars investment advisors from marketing SPACs to retail investors; the second excludes certain SPACs from safe harbor protection in place for forward-looking statements.
Two pieces of legislation aimed at imposing additional regulations on special purpose acquisition companies ("SPACs") were recently introduced in the US House of Representatives.
Two pieces of legislation aimed at imposing additional regulations on special purpose acquisition companies (“SPACs”) were recently introduced in the US House of Representatives.
To print this article, all you need is to be registered or login on Mondaq.com. On March 18, 2021, the SEC adopted interim final amendments to implement the Congressionally-mandated disclosure and submission requirements of the Holding Foreign Companies Accountable Act (HFCA Act). Enacted on December 18, 2020, the HFCA Act reflects Congressional concern that securities were trading in US markets on the basis of audit reports issued by registered public accounting firms with offices for which local authorities prohibited complete inspection by the Public Company Account...
Delegation for 3.9.21: No gridlock? â supercharged â fuzzy math â space race â women on top Division but no gridlock Maybe itâs the lingering divisiveness of the presidential election. Maybe itâs the math of the most closely divided Congress in generations. But in the last two weeks, several pieces of major legislation passed that split the Florida delegation sharply along party lines, with the rest of Capitol Hill deviating little beyond that. The All narrowly made it over the finish line in the House. All rallied every Democrat behind them. None picked up ...