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Benzinga
Benzinga
Business
Chris Katje

Elizabeth Warren Proposes Legislation Against SPACs: What Investors Should Know

A U.S. Senator is stepping up the pressure on SPACs as an investment vehicle to take companies public. Here’s what the SPAC Accountability Act of 2022 is all about.

What Happened: A new bill called SPAC Accountability Act of 2022 is being proposed by Democratic Senator Elizabeth Warren.

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