SEC.gov | Statement on Proposal on Special Purpose Acquisition ...
WEBMar 30, 2022 · Chair Gary Gensler. March 30, 2022. Today, the Commission is considering a proposal to strengthen investor protections in special purpose acquisition companies (SPACs).
SEC.gov | Statement on Final Rules Regarding Special Purpose ...
WEBJan 24, 2024 · Chair Gary Gensler. Jan. 24, 2024. Today, the Commission is considering whether to adopt final rules that will strengthen protections for investors in special purpose acquisition companies (SPACs).
SEC Adopts Rules to Enhance Investor Protections Relating to …
WEBJan 24, 2024 · “Just because a company uses an alternative method to go public does not mean that its investors are any less deserving of time-tested investor protections,” said SEC Chair Gary Gensler. “Today’s adoption will help ensure that the rules for SPACs are substantially aligned with those of traditional IPOs, enhancing investor protection ...
The S.E.C. Wants to Tighten the Rules for SPACs - The New York Times
WEBDec 10, 2021 · The S.E.C.’s chair, Gary Gensler, has made clear for months that he is worried about the risks faced by investors in special purpose acquisition companies, which over the past two years...
SEC Chair Gary Gensler says tougher rules for SPACs are coming soon - NPR
WEBDec 7, 2021 · Gary Gensler, the country's top securities regulator, said he's aiming to announce tougher rules for SPACs by early next year, as he warned about the potential dangers of the hot investment craze...
Gensler Targets SPAC Disclosures as SEC Considers Tougher Rules
WEBDec 9, 2021 · U.S. Securities and Exchange Commission Chair Gary Gensler laid out a laundry list of concerns over special purpose acquisition companies, delivering his strongest signal yet that he’ll push for much tougher rules for the blank-check firms.
SEC votes to ramp up SPAC regulation - PitchBook
WEBJan 24, 2024 · SEC Chair Gary Gensler, who voted to adopt the rules and amendments, agreed with Gerding on the basis that the commission is merit-neutral. “We will still have SPACs,” Gensler said. “I think that if sponsors aren’t able to do this, it will be because there’s some regulatory arbitrage and they’re not giving the appropriate ...
Statement by Chair Gensler on Final Rules Regarding SPACs, Shell ...
WEBJan 25, 2024 · Investors are harmed when parties engaged in a de-SPAC transaction over-promise future results regarding the target company. Accordingly, today’s final rules will remove safe harbor protections and add additional disclosure requirements for projections used in association with de-SPAC transactions. In …
SEC chair orders staff to recommend new investor protections for …
WEBDec 9, 2021 · Gary Gensler, chair of the Securities and Exchange Commission, has signalled the regulator is poised to heighten scrutiny of blank-cheque companies as authorities bring a flurry of cases...
SEC chair Gensler seeks tougher SPAC disclosure, liability rules
WEBDec 9, 2021 · SEC Chair Gary Gensler on Thursday floated several potential SPAC rules he hopes the regulator will consider as it works to oversee the popular take-public option. Among the ideas Gensler...