SEC Investor Advisory Committee Discusses SPACs - Corporate/Commercial Law
To print this article, all you need is to be registered or login on Mondaq.com. On March 11, 2021, the SEC's Investor Advisory Committee convened and hosted a panel discussion regarding special purpose acquisition companies (SPACs). The panel aimed to shed light on the recent increase in SPAC activity, the risks associated with this increased activity, and potential policy implications. Acting SEC Chair Allison Lee delivered opening remarks. She noted that SPACs act as a potential avenue for bringing private issuers to the public market. She added the need for ap...
Source: mondaq.com