TheCorporateCounsel.net

July 12, 2022

Gentle Prodding: Warren Weighs in on the SEC’s SPAC Proposal

Last week, Senator Elizabeth Warren sent a letter to SEC Chair Gensler, supporting the agency’s proposed rules for SPACs. The letter highlights the findings of an investigation of SPACs that Senator Warren’s office conducted, which led to a report titled The SPAC Hack: How SPACs Tilt the Playing Field and Enrich Wall Street Insiders.

– Dave Lynn