18 SEC proposes law that would make SPAC (privately created hedgefunds that acquire private companies to make public) under the same regulations as an IPO (normal way of taking a company public). Claims to protect investors, but IPOs regulations don't protect either. So, why? (archive.ph) posted 2 years ago by GeneralBoobs 2 years ago by GeneralBoobs +18 / -0 10 comments share 10 comments share save hide report block hide replies
Trump's organization used an SPAC to go public. Can't imagine what that might have to do with this sudden change after years of it being ignored.