A law professor on Thursday urged a U.S. Securities and Exchange Commission panel to support ending regulatory inconsistencies perceived as favoring special purpose acquisition companies compared with other ways of going public, citing investor protection concerns. Michael Ohlrogge, an assistant professor at New York University School of Law, said existing regulations advantage SPACs over traditional initial public offerings and direct listings. Goodwin SPACs and Technology partner Jocelyn Arel believes there is a transformation in the capital markets and a real change in terms of how value is created. Read the Law360 article here.
In The Press March 11, 2021