DOGE Takes Aim at SEC SPAC Rules as Trump Fuels Deregulation Frenzy

Dogecoin’s latest power play? Targeting the SEC’s SPAC regulations—just as Trump’s deregulation push ignites crypto markets.

The SPAC Smackdown

DOGE backers are seizing the moment, betting that relaxed rules could turbocharge meme-coin legitimacy. No more begging for institutional approval—just pure, unfiltered market chaos.

Trump’s Deregulation Wildcard

With the former president slashing red tape, crypto’s wild west era gets a second wind. SPACs, once the darlings of Wall Street, now look like slow-motion IPOs next to blockchain’s 24/7 trading circus.

The Bottom Line

While regulators scramble to keep up, DOGE’s move screams one thing: in crypto, the house always wins—until the SEC remembers it has a rulebook. Place your bets.

Trump Deregulation Push Targets SPAC Rules, SEC Policy & Private Fund Reporting

DOGE Officials Target Key Regulations

DOGE officials who have been positioned within the SEC have intensified their efforts to examine rules around SPACs and also private fund reporting requirements. These officials, who initially focused on cost-cutting measures, are now targeting specific Biden-era rules that strengthened oversight of blank-check companies and also private investment funds.

DOGE officials are examining regulatory changes that include modifications to SPAC rules that the SEC adopted last year and also requirements that private investment advisers provide confidential data disclosures. According to two people familiar with the matter, Doge officials at the SEC have sought meetings with staff to explore relaxing what some companies have described as burdensome and also unnecessary regulations.

Political Tensions Over SEC Independence

The involvement of DOGE in shaping SEC policy has created tension within the agency, with some officials expressing concerns about the appropriateness of White House influence in regulatory decisions. The SEC has traditionally maintained independence from direct political interference, operating under decades-established norms that limit White House communications regarding rule-making processes.

Amanda Fischer, policy director and chief operating officer at financial reform advocacy group Better Markets, stated:

SPAC Market Impact and Also Response

The review of SEC SPAC rules by DOGE could significantly impact the SPAC market, which experienced restrictions under Biden-era SEC policy. These shell companies raise funds through public listings to acquire private companies and also faced increased scrutiny over weak due diligence processes compared to traditional initial public offerings.

Republican SEC Commissioners Mark Uyeda and also Hester Peirce have in the past both objected to what they said were needless regulatory burdens for SPACs and also private funds. The removal of a “safe harbor” that had helped shield SPAC sponsors from legal liability for unrealistic or potentially misleading financial projections was particularly controversial among SPAC advocates.

Private Fund Reporting Changes

DOGE officials are also examining private fund reporting requirements that the SEC implemented through Form PF modifications in February 2024 right now. The SEC has already decided to delay firms’ compliance with those new requirements earlier this month, signaling that the agency is making potential modifications ahead as part of current TRUMP deregulation priorities.

The Republican commissioners also objected to additional reporting requirements for private funds the SEC and another agency voted for in February 2024, known as FORM PF.

Official Responses and Also Expert Views

Taylor Rogers, a White House spokesperson, said DOGE was working with the SEC “to more efficiently maintain fair and orderly markets while protecting everyday investors.”

Taylor Rogers also stated:

A spokesperson for the SEC said:

Adam Pritchard, a law professor at the University of Michigan, had this to say:

Interest in SPACs has again risen following signals of potential regulatory relaxation. The SEC has been in talks with US exchange operators to loosen some regulatory requirements for SPACs as part of broader Trump deregulation efforts that are targeting private fund reporting and also SEC policy changes right now.