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SEC Chair Gary Gensler says tougher rules for hot, buzzy SPACs are coming soon

In an interview with NPR, the chairman of the Securities and Exchange Commission said he was aiming to unveil tougher rules for a hot investment crazed called SPACs by early next year.
The headquarters of the US Securities and Exchange Commission (SEC) is seen in Washington, DC, on Jan. 28. Under Chair Gary Gensler, the SEC is adopting tougher scrutiny of Wall Street under the aim of protecting the public.

Gary Gensler, the country's top securities regulator, said he's aiming to announce tougher rules for SPACs by early next year, as he warned about the potential dangers of the hot investment craze sweeping through Wall Street.

Gensler's comments, in an interview with NPR, come as the U.S. Securities and Exchange Commission is already adopting a

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