4 Ways A Gensler-Led SEC Could Toughen SPAC Scrutiny
By Tom Zanki (March 5, 2021, 8:55 PM EST) -- If Gary Gensler is confirmed as the U.S. Securities and Exchange Commission's next chair, regulators could delve deeper into the explosion of special purpose acquisition companies and their subsequent purchases to examine where investor protections can be strengthened.
Gary Gensler could order a deep dive into special purpose acquisition companies if he is confirmed to be next chair of the U.S. Securities and Exchange Commission. (AP Photo/Jacquelyn Martin) Gensler, viewed as an assertive regulator from his reign at the SEC's sister agency, the Commodity Futures Trading Commission, following the financial crisis, emphasized investor protection in testimony at his confirmation hearing Tuesday...
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