SEC’s Atkins Says Rules on Blank-Check Companies to Be Reviewed

Chair of the US Securities and Exchange Commission Paul Atkins

Photographer: Tierney L. Cross/Bloomberg

Securities and Exchange Commission Chairman Paul Atkins said the agency will examine rules that had stepped up oversight of US blank-check companies.

Atkins told CNBC on Wednesday that the regulations for special purpose acquisition companies had been “rather controversial” and that the SEC would review them.