Special purpose acquisition companies, or SPACs, are shell companies which raise funds to acquire a private entity with the aim of taking it public, allowing such companies to sidestep a traditional IPO to enter public markets. March 10 (Reuters) - The U.S. If you have any issues regarding wherever and how to use ทางเข้า Huc99, you can get hold of us at the site. Securities and Exchange Commission (SEC) cautioned investors on Wednesday about buying shares of so-called special purpose acquisition companies only because they are backed by celebrities, including movie stars and athletes.

Elizabeth Warren, a Democrat from Massachusetts, said Tuesday she received responses from the Security Exchange Commission and the Financial Industry Regulatory Authority about the role hedge funds played in GameStop stock price surge in January. The SEC and FINRA say they are evaluating changes to the rules regarding the practice.  One reason the Reddit community began buying the retailer's shares was due to a large number of short sells, which is a bet investors do when they think a stock will go down.

Traders on Reddit bought GameStop stock and increased its share price, leading to a "short squeeze," when hedge funds that bet against the retailer were forced to buy the stock in order to avoid large losses. March 9 (Reuters) - London's FTSE 100 ended higher on Tuesday thanks to strength in industrials and other defensive sectors, although broader gains were capped by weakness in mining stocks due to a drop in metal prices.

The AstraZeneca shot, along with a vaccine made by China's Sinovac Biotech Ltd, have been Brazil's strongest bet against a surging outbreak, with the homegrown P1 variant of the coronavirus apparently boosting transmission and reinfection. "It is never a good idea to invest in a SPAC just because someone famous sponsors or invests in it or says it is a good investment," the SEC said. website The recent SPAC frenzy has attracted the attention of a number of mainstream celebrity figures such as rap star Jay-Z, tennis legend Serena Williams and National Basketball Association Hall of Famer Shaquille O'Neal who have either sponsored their own blank-check firms or joined the boards of other SPACs.

Brazil was one of the world's hardest-hit countries during the first wave of the pandemic, leading some experts to predict that it would fare better during its second wave due to herd immunity that had built up. "The strong start of the week can be undone, especially as the week goes on as we have U.S. inflation numbers and ECB monetary policy statement on focus, which potentially is going to cause the bond yield issue to come to the forefront once again." "Yesterday the market had huge gains.

It's hard for the market to maintain explosive gains without a good reason and arguably today they don't have a good one and there is a bit of caution around the bond yield issue," said Connor Campbell, analyst at Spreadex. The blue-chip FTSE 100 index finished up 0.2%, with industrial stocks and defensive plays rising as investors bet on them benefiting the most from an economic reopening once the coronavirus pandemic recedes. A raft of global stimulus measures and optimism around vaccine rollouts have helped the FTSE 100 rebound more than 37% from a coronavirus-driven crash last year, but investors are cautious after Bank of England governor Andrew Bailey expressed concerns on Monday about a possible rise in inflation.