SEC Division of Corporation Finance Acting Director John Coates argued against claims by commentators that Special Purpose Acquisition Companies face lesser securities law liability in the context of a "de-SPAC" transaction than traditional IPOs.
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In an Investor Advisory, the North American Securities Administrators Association provided information on environmental, social and governance investing.
The People's Bank of China confirmed that the digital yuan (or renminbi) can be used for cross-border transactions, in addition to functioning as a domestic retail payment.
The Federal Reserve Board's issuance of a joint rulemaking that codifies a 2018 Interagency Statement Clarifying the Role of Supervisory Guidance will become effective May 10, 2021.
CFTC Commissioner Dan M. Berkovitz argued that futures contracts tied to the outcome of sporting events should be permitted to be traded on a designated contract market if it can be demonstrated that there is an economic purpose and the contract provides impartial access to the public.