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Corporate Defense and Disputes

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Major SPAC News, Rules May Be Coming This Week

By Julia Alonzo & Corey I. Rogoff on March 28, 2022

On Thursday, March 24th, the Securities and Exchange Commission announced an agenda for a March 30th open meeting for the Divisions on Corporate Finance and Investment Management.  The meeting has only one agenda item: SPACs, shell companies, and projections.

In December 2021, SEC Chair Gary Gensler compared SPACs to traditional…

Posted in SEC Enforcement, Securities Law, SPAC
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