What SEC Proposal on SPACs Means For Projection Defenses
Securities Enforcement Defense attorneys Scott Mascianica and Landon Mignardi co-authored an article in Law360 about a proposed rule by the U.S. Securities and Exchange Commission (SEC) could impact special purpose acquisition companies (SPACs). The article discusses how SPAC participants needs to understand the full scope of the proposed rule to assure they do not find themselves in a precarious position in terms of SEC regulatory scrutiny. They outline relevant proposals to note, analyze the primary defenses, available to SPAC participants and offer other key takeaways related to SEC enforcement.
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