Right, the obvious fix is not "make it illegal!"; but rather to have the regulatory/disclosure/etc. requirements for a SPAC more similar to those of an IPO. (T

Right, the obvious fix is not "make it illegal!"; but rather to have the regulatory/disclosure/etc. requirements for a SPAC more similar to those of an IPO. (There's also a good argument that IPO requirements are too extreme, as demonstrated by many companies that would previously have gone public, staying private. Perhaps the right trade-off is to make both IPO and SPAC processes have a more well considered, moderate set of requirements.)