The M&A market is continuing a steady drumbeat. In the last week, there were at least three announced deals of about $1 billion or more, as well as three new SPACs and 13 debt issuances over $500 million. The IPO market is in full swing, with at least nine new IPOs listed in the last week. Bill Stern, a partner in Goodwin’s financial services practice, said to Law.com, "I would anticipate we are moving into a period of time when the regulatory pendulum will shift back to being more business friendly. And perhaps questioning the need for certain regulations and requiring a higher level of justification to regulate banks as business entities." Samantha Kirby, chair of the financial services practice at Goodwin, said, "There will likely be an openness to cryptocurrency and to evaluate fintech relationships with banks. And openness to the view that regulators have to get smart about what is happening in the real world. We need to update the regulatory regime to reflect that."