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Admissions of Guilt in SEC Settlements

Admissions of Guilt in SEC Settlements

On December 17, 2021, the SEC announced a $125 million settlement with JPMorgan Chase & Co., disposing of allegations that the bank failed to properly monitor and retain its employees’ work-related communications.[1]...

SEC more heavily scrutinizing of SPAC-related mergers

SEC more heavily scrutinizing of SPAC-related mergers

The SEC has recently turned its attention towards regulating businesses structured as special purpose acquisition companies, or SPAC’s. An SPAC is a publicly-listed shell corporation that is organized for the purpose of...