SEC Official Warns on Growth of Blank-Check Firms

The acting director of the SEC’s Corporation Finance division says there are significant undiscovered issue with special-purpose acquisition companies which allow private companies to go public without traditional IPOs.

SEC Official Warns on Growth of Blank-Check Firms
The acting director of the SEC’s Corporation Finance division says there are significant undiscovered issue with special-purpose acquisition companies which allow private companies to go public without traditional IPOs.