SPACs

US Financial Groups Back SPACs as SEC Seeks to Rein Them In
US Financial Groups Back SPACs as SEC Seeks to Rein Them In
June 14, 2022  |  SPAC

Groups representing the U.S. financial industry are trying to get the federal Securities and Exchange Commission to dilute proposed new regulations that would govern special...

READ MORE >
TechREG Weekly US: SCOTUS Sides With Social Media Firms, Blocks Texas Law; California Ready to Debate Privacy Bill
TechREG Weekly US: SCOTUS Sides With Social Media Firms, Blocks Texas Law; California Ready to...
June 03, 2022  |  Regulation

This week in TechREG has been quieter than usual as lawmakers didn’t hold congressional hearings and regulators didn’t make important announcements. However, the U.S. Supreme...

READ MORE >
EMEA Daily: EU, UK Look to New Crypto Regulations
EMEA Daily: EU, UK Look to New Crypto Regulations
June 01, 2022  |  International

In today’s top stories from Europe, the Middle East and Africa (EMEA), the European Supervisory Authorities said cryptocurrency exchanges that break money laundering rules should...

READ MORE >
Senator Warren’s SPAC Bill Aims to Rein in Losses, Abuses
Senator Warren’s SPAC Bill Aims to Rein in Losses, Abuses
May 31, 2022  |  SPAC

U.S. Sen. Elizabeth Warren (D-Mass.) is planning to introduce a bill aimed at curbing abuses and losses in deals surrounding special purpose acquisition companies (SPACs)...

READ MORE >
Data Shows 77% of Financial Restatements to SEC Were SPACs
Data Shows 77% of Financial Restatements to SEC Were SPACs
May 25, 2022  |  SPAC

Corporate restatements reached a 15-year high last year as hundreds of special purpose acquisition companies (SPACs) were instructed to fix multiple rounds of pervasive accounting...

READ MORE >
Today in FinTech: Stripe Connect Assists Freelancers; Fed Master Accounts Help FinTechs
Today in FinTech: Stripe Connect Assists Freelancers; Fed Master Accounts Help FinTechs
April 22, 2022  |  Technology

In today’s FinTech news, freelancers and creators are getting paid faster with Stripe Connect, while the Federal Reserve is opening up master accounts to more...

READ MORE >
Navigation Capital Cancels Four SPAC Deals as Industry Cools
Navigation Capital Cancels Four SPAC Deals as Industry Cools
April 22, 2022  |  SPAC

Investment firm Navigation Capital Partners has canceled plans for four new special purpose acquisition companies (SPACs) in less than 24 hours, part of a trend...

READ MORE >
Citigroup Temporarily Halts SPACs Awaiting Legal Clarity
Citigroup Temporarily Halts SPACs Awaiting Legal Clarity
April 05, 2022  |  SPAC

Citigroup is temporarily pulling the plug on public offerings with special purpose acquisition companies (SPACs) until it gets legal clarity about proposed legislation and what...

READ MORE >
Today in Food Commerce: Restaurants See Regional Digital Ordering Differences; Westrock Coffee to Go Public
Today in Food Commerce: Restaurants See Regional Digital Ordering Differences; Westrock Coffee to Go Public
April 04, 2022  |  Commerce

Today in food commerce, PYMNTS data reveal how consumers’ food ordering behaviors vary by region, while coffee company Westrock Coffee gears up to go public...

READ MORE >