Wall Street frenzy over shell companies draws attention of SEC

Politico – In a story about Special Purpose Acquisition Companies, Healthy Markets Executive Director Tyler Gellasch is quoted saying “The SEC’s been warning investors now for months about the risks of SPACs, but that hasn’t made a dent. I expect the SEC and Congress are going to try to pop the speculative bubble soon, and a quick way to do that would be to restore some basic liability on those involved in the deals.” (Full Story).

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