Document Type
Article
Publication Title
Emory Law Journal Online
Publication Date
2023
Abstract
The SPAC craze has ebbed and flowed over the past few years, creating fortunes and ruining others. The SEC stepped into the mix in 2022 and proposed rules governing SPACs. The proposed rules artfully balance the interests of investor protection while retaining some of the featured characteristics of SPACs as innovative ways to take companies public. This Article details the history of SPACs, including their benefits and risks, and analyzes the SEC’s proposed rules, arguing that the SEC is well within its Congressional authority to regulate SPACs, and that the proposed rules are both well-tailored and necessary.
Recommended Citation
Karen Woody & Lidia Kurganova, The SEC's SPAC Solution, 73 Emory L.J. Online 1 (2023).