The well-documented wave of Special Purpose Acquisition Companies (“SPAC” or “SPACs”) that lasted throughout 2020 and the first quarter of 2021 has started to show the first signs of retreat. Two major statements from SEC...more
Market volatility may lead brokers to issue margin calls[i] to investors—i.e., demands of cash or additional collateral from investors trading on margin. Investors may feel such margin calls are unjustified or may disagree...more
Special purpose acquisition companies, or SPACs, took 2020 by storm, with nearly 250 SPACs raising around $83 billion through initial public offerings (“IPOs”)—more than the previous five years combined. The SPAC boom has...more
Investors in hedge funds often face several restrictions on their ability to withdraw capital from the fund. These liquidity restrictions have definite benefits, allowing hedge funds to maintain long-term investment...more
3/31/2020
/ Commodity Trading Advisors (CTAs) ,
Compliance ,
Coronavirus/COVID-19 ,
Enforcement Actions ,
Fund Managers ,
Hedge Funds ,
Investment Adviser ,
Liquidity ,
Municipal Advisers ,
Mutual Funds ,
Right of Redemption ,
Securities and Exchange Commission (SEC)