Economy / Regulation / Stock Exchange

SEC Announces Finalized Rules for SPAC Transactions

Executive summary  Introduction In recent years, Special Purpose Acquisition Companies (SPACS) have gained immense popularity in the finance sector, offering a faster approach for companies to go public rather than your traditional IPO [Initial Public Offering]. SPACs are entities created with the sole purpose of raising capital through an IPO to merge with an existing … Continue reading

Culture / Economy / Fiscal policy / Politics / Regulation

Unlocking Transparency: The FTC’s Battle Against Hidden Fees

Executive Summary Introduction Consumers have become victims of deceptive pricing in various industries, notably in the ticketing and hotel sector. Firms have been using these practices known as  “price dipping”  or “bait and switch” pricing where mandatory fees are not disclosed until checkout significantly increasing the total cost without knowing the purpose of the fees. … Continue reading