Feldman Quoted in Law360 Regarding Capital Markets Regulation and Legislation to Watch in 2016

A December 24 Law360 article quoted Olshan Corporate Partner Spencer Feldman regarding end of year regulatory and legislative developments that are likely to have a significant impact on 2016 capital markets. The article focused on numerous new rules adopted by Congress including streamlining the IPO registration process for emerging growth companies by not requiring historical financial statements that would not ultimately be included in a final prospectus.  “You have just automatically saved IPO issuers $50,000 to $100,000 by not having to file an audit that’s ultimately not going to be needed,” Feldman said, and “that’s huge.”  The article also discussed new disclosure principles to be proposed by the SEC to simplify and modernize the current Regulation S-K disclosure regime.  On this point, Feldman noted "just like the Internal Revenue Code, over the years, Reg. S-K gets bulky."  "Every year, Congress and the SEC bolt on more and more," and "at some point, you need to modernize and simplify it."