![United States: SEC's New Guidance On Liability Risks Likens SPACs To IPOs - Fenwick & West LLP](https://cdn.newsserve.net/ONPglobe256.png)
United States: SEC's New Guidance On Liability Risks Likens SPACs To IPOs - Fenwick & West LLP
John Coates, Acting Director of the Division of Corporation Finance at the SEC, issued a public statement providing insight into the SEC's views on the application of federal securities laws to transactions involving SPACs.
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