SEC Chairman to Testify on SPAC Issues in House Committee Today

SEC

SEC Chairman Gary Gensler is scheduled to testify today before a House committee, where he is expected to address SPACs, cryptocurrency and other issues. His testimony will be available via live stream starting at 2 p.m. Eastern. Watch the hearing.

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Exclusive: The International State of SPACs in 2023 and Beyond – An Interview with Corporate and Securities Attorney Doug Ellenoff

Ellenoff is bullish on U.S. SPACs, though cautiously so while the market remains in flux. Attractive targets in Europe and elsewhere should also continue to provide opportunities for SPACs, which Ellenoff sees as a critical component of healthy stock markets throughout the world. SPACs open doors that would otherwise be closed to many companies, he says. Done correctly, SPAC deals are lucrative for all parties involved.