Maureen Farrell

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Chamath Palihapitiya, The ‘SPAC King,’ Is Over It

Chamath Palihapitiya, once a relentless cheerleader of special purpose acquisition companies, blames the Federal Reserve for the end of SPAC mania.

Critics Say a Proposed S.E.C. Rule Would Curb Activists’ Ambitions.

Unlikely allies including hedge funds and labor activists oppose a proposal that would force faster disclosures of swap positions.