Regulation
Cantor Fitzgerald Settles SEC Charges Over Misleading SPAC Disclosures
The firm will pay a $6.8 million fine for allegedly making false statements in regulatory filings.
Tag: SPAC
Regulation
Proposed SEC Rules Look to Shed Light on Opaque SPAC Deals
Regulator aims to protect vulnerable investors from being left holding the bag after insiders have ‘cashed out.’
Asset Allocation
IPO Market Slows Down in First Quarter
This has been the worst quarter for IPOs in six years.
Regulation
SEC Whistleblower Program Has Record Year in Fiscal 2021
The regulator gave $564 million to 108 tipsters, while distributing $521 million to harmed investors.
Regulation
SEC’s SPAC Scrutiny Leads to $38.8 Million Music Service Settlement
The regulator says it is ‘intently focused on SPAC merger transactions.’
Asset Allocation
Apollo Might Launch $500 Million SPAC Fund
The private equity firm reportedly will use the investment vehicle to buy stakes in IPOs and founders’ shares.
Asset Allocation
So, SPACs Are Dead Meat? Not a Chance
The craze for the blank check outfits might have dwindled, due to the SEC, but they’re still a good investing choice, our symposium panelists say.
Newsmakers
GCM Grosvenor Merges with SPAC to Go Public
Interest in the so-called ‘blank check’ companies has surged during the pandemic from investors seeking easier ways to fund IPOs.