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."