Two pieces of legislation aimed at imposing additional regulations on special purpose acquisition companies ("SPACs") were recently introduced in the US House of Representatives.
On November 16, 2021, the House Financial Services Committee cleared two proposals geared towards protecting investors and holding accountable offerors in connection with SPAC transactions.
The House and Senate will reconvene Monday at 6:30 p.m. and 3 p.m., respectively. What to Watch This afternoon, President Joe Biden signed into law the Infrastructure Investment and.
On November 16, 2021, the House Financial Services Committee cleared two proposals geared towards protecting investors and holding accountable offerors in connection with SPAC.