Jul 31, 2024 | Capital Markets, Report
No, SPACs Do Not Dilute Investors – A Theoretical and Empirical Analysis Hal S. Scott & John Gulliver* Abstract Over the past decade, special purpose acquisition companies (“SPACs”) have become a prominent alternative to initial public offerings as a method for...
May 23, 2024 | Banking, Financial Stability, Report
Released August 31, 2022 LENDER OF LAST RESORT: THE 2023 BANKING CRISIS AND COVID Hal S. Scott & Connor R. Kortje* Abstract In March 2023 Silicon Valley Bank, the 16th largest bank in the United States, was forced into FDIC-administered receivership and sold to a...
May 8, 2024 | Banking, Letter
May 8, 2024 Ann E. Misback, SecretaryBoard of Governors of the Federal Reserve System 20th Street and Constitution Avenue NW Washington, DC 20551 VIA EMAIL AND ELECTRONIC PORTAL Re.: Docket No. R–1818, RIN 7100–AG67, Debit Card Interchange Fees and Routing Dear...
May 8, 2024 | Brief, Capital Markets
Released January 17, 2024 Case No. 4:24-cv-00250-O IN THE United States District Court NORTHERN DISTRICT OF TEXAS FORT WORTH DIVISION NA TIONAL ASdSOCIA TION OF PRIV A TE FUND MANAGERS, AL TERNA TIVE INVESTMENT MANAGEMENTand MANAGED FUNDS ASSOCIA TION, —v.—SECURITIES...