Washington wakes up to Covid-fueled investment risks as crypto, SPACs tank

Politico – In a story about Special Purpose Acquisition Companies, Healthy Markets Executive Director Tyler Gellasch is quoted saying “When SPACs, cryptocurrencies and meme stocks had valuations all heading to the moon, there wasn’t a lot of tire-kicking on the real risks to investors, but now that some of the risks are turning into losses, we expect a lot more congressional and regulatory focus.” (Full Story).

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