Ritter cited in SEC Commissioner’s statement on SPAC proposal

Cordell Eminent Scholar Jay Ritter was cited as part of SEC Commissioner Caroline A. Crenshaw’s statement on the proposed changes to SPACs. Specifically, the SEC is proposing new rules and amendments that would require, among other things, additional disclosures about SPAC sponsors, conflicts of interest and sources of dilution. 

Read Commissioner Crenshaw’s full statement from the SEC.