In an article covering increased pressure to regulate special purpose acquisition companies (SPACs), partner Mark D. Wood explained that companies are already working to improve disclosures.

Mark, co-head of the Capital Markets practice, told Bloomberg Tax that SPACs are considering adding details consistent with recommendations of the SEC's Investor Advisory Committee.

"We're always thinking about are there ways we could improve our disclosure to make sure we’re providing best information, and also to head off SEC comments," Mark said.

Also see:

"SEC Leans on SPACs for Detailed Disclosures of Risk, Controls," Bloomberg Tax, October 13, 2021