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The U.S.'s top securities regulator, Gary Gensler, aims to announce tougher rules for SPACs, or shell companies, by early next year — warning about the potential dangers of the hot investment craze on Wall Street.

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This guys job is to make you believe the SEC is doing things to keep the markets fair. But he doesn’t ACTUALLY make the markets fair. Follow the money and see where it goes, our financial enforcement agencies don’t represent the people, just rich special interests.

The SPAC thing is a disaster waiting to happen.

About time.

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