SEC Reopens Comment Periods for Some SPAC Rules After Tech Glitch

SEC

 The SEC said it has reopened the public comment periods for 11 of its rulemaking releases, some of them viewed as controversial, due to a technical glitch that led to a number of comment letters being lost, Reuters reports.

The majority of the comments affected by the technological error, which affected the SEC’s internet submission form, were submitted in August, though some may go back as far as June 2021, the regulator said.

The affected releases include rulemaking on SPACs, climate disclosure, money market funds and short positions. Read more.

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