The SPAC crackdown hasn't truly begun, but the SEC is obviously considering it
The SPAC crackdown hasn’t truly begun, but the SEC is obviously considering it MarketWatch 1 hr ago THERESE POLETTI'S TECH TALES The Securities and Exchange Commission is obviously looking at the explosion of blank-check companies on Wall Street, but isn’t totally cracking down on them — yet. Popular Searches Seeking to anticipate any potential issues that may result from the current mania for special-purpose acquisition companies, or SPACs, on Wall Street, the Securities and Exchange Commission issued a staff statement last week to remind companies of the rules. That warning followed...
Source: msn.com