Dr Daniele D’Alvia speaks to Thomson Reuters about Securities and Exchange Commission (SEC) adopting new rules for special purpose acquisition companies (SPACs).
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The rules are intended to better protect investors by extending and aligning traditional finance rules designed for IPOs to SPACs. Dr D'Alvia, Lecturer in Banking and Finance Law at Queen Mary University of London, called this a "total win". He said: “SPACs that have been so far in the domain of self-regulation, market practices, and listing requirements of the NYSE and the NASDAQ can today have a formal recognition”.
Read the full article on Thomson Reuters.
Dr D'Alvia is a member of Queen Mary's Institute of Banking and Finance Law.