SEC Chair Gensler Says SPACs Need More Transparency

The transcript discusses the role of the SEC in protecting investors, particularly in the context of meme stocks and SPACs. It highlights the importance of transparency and disclosure to ensure retail investors are not misled. The conversation also touches on the need for regulatory updates to keep pace with technological advancements and market changes.

In what ways does the speaker believe that investors are being misled in the current market?

What is the significance of the 5% ownership threshold mentioned in the discussion?