Will there be leadership changes at Cantor Fitzgerald following SEC settlement by December 31, 2025?
Howard Lutnick steps down • 25%
Other executive changes • 25%
No changes • 25%
Other outcome • 25%
Official announcements from Cantor Fitzgerald
Cantor Fitzgerald, Led by Trump's Commerce Pick, to Pay $6.75M Penalty for Misleading SPAC Disclosures
Dec 13, 2024, 12:00 AM
Cantor Fitzgerald, led by Howard Lutnick, who is also co-chair of Donald Trump's transition team and has been nominated for Commerce Secretary, has agreed to pay a $6.75 million penalty to settle charges brought by the U.S. Securities and Exchange Commission (SEC) for misleading investors regarding two Special Purpose Acquisition Companies (SPACs) before their stock market debuts. The two SPACs, controlled by Cantor executives, raised $750 million from investors before merging with View Inc. and Satellogic. While the firm did not admit or deny the charges, it claims no investor was harmed by the alleged issues.
View original story
No changes • 25%
CEO change • 25%
Other executive changes • 25%
Other outcome • 25%
CEO resignation • 25%
Other changes • 25%
No change • 25%
Board restructuring • 25%
Yes • 50%
No • 50%
Leadership change but no impact • 25%
Other impact • 25%
New SEC Chair impacts investigation • 25%
No change in leadership • 25%
New leadership appointed • 25%
Current leadership remains • 25%
Other • 25%
Interim leadership • 25%
CEO resigns • 25%
Other changes • 25%
No change • 25%
Board reshuffle • 25%
Other leadership change • 25%
No change • 25%
Board restructuring • 25%
CEO change • 25%
New CEO appointed • 33%
Existing leadership retained • 33%
Interim leadership • 34%
Jamie Dimon steps down • 25%
Jennifer Piepszak to CEO • 25%
Other major change • 25%
New COO appointed • 25%
No changes • 25%
CEO resigns • 25%
Other executive changes • 25%
Board member changes • 25%
Yes • 50%
No • 50%
Both outperform market • 25%
Other outcome • 25%
One outperforms, one underperforms • 25%
Both underperform market • 25%