Calls for heightened scrutiny of an emerging alternative to IPOs for going public include recent calls for scrutiny of a SPAC deal involving a media company controlled by former President Trump and a high profile action from the SEC’s Fort Worth Regional Office.
The SEC Pushes the Limits on Insider Trading
The Securities and Exchange Commission did something rather extraordinary last month in a case involving “shadow trading” that could push the limits of the “traditional” theory of insider trading. This article examines the case and its implications.