SEC Proposes SPAC Rules That Would Make Disclosures Like IPO
The watchdog's proposal calls for more disclosures around conflicts of interest between sponsors and investors and an end to overly optimistic language.
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The watchdog's proposal calls for more disclosures around conflicts of interest between sponsors and investors and an end to overly optimistic language.
SPAC short-sellers were up over $500 million in mark-to-market profits over 30 days. The increasing profits came amid a steep decline in SPAC market sentiment and performance. S3 Partners shared the 10 most profitable wagers as skeptics sold short another $265 million shares. Short-sellers are descending on the SPAC market and making a killing out of it. Investors betting against these so-called blank-check companies were up more than $500 million, or 16.92%, in net-of-financing mark-to-market profits in the 30 days through April 22,...
Administration. you stand by it, right? >> of course. i think allegations is a strong word to use for what was in that story. no one is accusing the vice president of doing anything illegal or scandalous. we're describing events that are largely happening in full view of the kinds of fundraising that he's doing with the pac activity that i asked mark aboc about. you put it in a pointed and categorical way. can you rule out the possibility that anyone has had a conversation with the vice president or anyone on his behalf about 2020. he didn't respond to that. the story that got the clear seft r...
Don't for me and my -- and my family as we move forward with the internal deliberations we are engaged in. i'm not going to put myself in a box to give a timeline. other people no doubt some politicians they are going to be doing it in a more conventional manner than i will. i've never done anything conventionally. that's what going rogue is about. you do what you believe is best for the people who you want to serve. you better be willing to serve for the right reasons. a lot of that includes the timing after announcing when it is you would desire to put yourself forward in the name of service...
Don't for me and my -- and my family as we move forward with the internal deliberations we are engaged in. i'm not going to put myself in a box to give a timeline. other people no doubt some politicians they are going to be doing it in a more conventional manner than i will. i've never done anything conventionally. that's what going rogue is about. you do what you believe is best for the people who you want to serve. you better be willing to serve for the right reasons. a lot of that includes the timing after announcing when it is you would desire to put yourself forward in the name of service...