The Latest SPAC News and Rumors: May 12, 2023

Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News:  The Board of the International Organization of Securities Commissions publishes a report to help its members enhance SPAC regulations 

IOSCO publishes a report to help its members enhance SPAC regulations

The Board of the International Organization of Securities Commissions (IOSCO), has published a final report on Special Purpose Acquisition Companies (SPACs), which aims to help its members review or improve their approach to these companies.

According to IOSCO in a statement seen by Nairametrics, the recent surge in SPACs raised concerns for many IOSCO members about investor protection and market integrity.