U.S. News

Celebs Keep Backing These Investment Vehicles. The Feds Are Worried.

STARBOARD

SPACs are booming in popularity, but regulators say investors shouldn’t be swayed by the boldfaced names pushing them.

Tarpley Hitt
Tarpley Hitt 

Reporter

2021-02-22T200931Z_1446845476_RC2WXL9IYNHS_RTRMADP_3_GLOBAL-MARKETS_f89b28
Carlo Allegri/Reuters
Tarpley Hitt

Tarpley Hitt

Reporter

Tarpley.Hitt@thedailybeast.com

Got a tip? Send it to The Daily Beast here.

Trending Now
OpinionIcarus 2.0: Did Kimberly Guilfoyle Fly Too Close to the Son?
Nell Scovell
PoliticsTrump Picks Fight With Pope With New Vatican Ambassador
Amethyst Martinez
Biden WorldPete Buttigieg Pokes Very Convincing Hole in New Jersey Drone Scare
David Gardner
BeautyThis Clinically-Backed K-Beauty Night Cream Is the Ultimate Winter Skin Antidote
Mia Maguire
exclusivePrince Andrew Set to Flee England for Controversial Secret Palace Overseas
Tom Sykes