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Securities and Exchange Commission Chairman Gary Gensler testifies before the Senate Banking Committee on Sept. 14. In an interview with NPR, Gensler said he's aiming to unveil tougher rules for SPACs, a hot trend in Wall Street, by early next year.

SEC Chair Gary Gensler says tougher rules for hot, buzzy SPACs are coming soon

Dec 07, 2021
In an interview with NPR, the chairman of the Securities and Exchange Commission said he was aiming to unveil tougher rules for a hot investment crazed called SPACs by early next year.
NPR
Business
A planned merger between former President Donald Trump's social media startup and a so-called special purpose acquisition company, or a shell company, is being investigated by regulators.

Trump's social media deal is being investigated by regulators

Dec 06, 2021
Regulators including the SEC are investigating a planned merger between a shell company and former President Donald Trump's social media startup.
NPR
Business
The Charging Bull Statue is seen at the Financial District as snow falls in New York City on Dec. 16. The SPAC, or Special Purpose Acquisition Company, has become the hottest trend in Wall Street this year. It allows a company to go public without all th

The Spectacular Rise Of SPACs: The Backwards IPO That's Taking Over Wall Street

Dec 29, 2020
Special Purpose Acquisition Companies, or SPACs, are exploding in popularity. They allow companies to go public without all the hoops of an initial public offering.
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