The S.E.C. homes in on key SPAC features

NEW YORK TIMES

The S.E.C.’s chair, Gary Gensler, has made clear for months that he is worried about the risks faced by investors in special purpose acquisition companies, which over the past two years have become a hugely popular way to take businesses public. In a speech yesterday, he elaborated on one of the S.E.C.’s main focuses in reducing those risks — with measures that could shake up the industry. read more »

Trader Indicted for Commodities Insider Trading Scheme

DOJ

A federal grand jury in Houston returned an indictment on Dec. 7 charging a natural gas trader for an insider trading scheme involving natural gas futures. read more »

Former DEA Special Agent Sentenced to Prison for Money Laundering and Fraud Scheme

DOJ

A former Drug Enforcement Administration (DEA) special agent was sentenced today to 145 months, or more than 12 years, in prison for operating a money laundering and fraud scheme while serving as a special agent with the DEA. read more »