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Posted On: 01/03/2019 5:10:34 PM
Post# of 40991
This might affect the share reduction, Posted 12/26/2018
The partial government shutdown begins to impact the Securities and Exchange Commission on Thursday.
The SEC will have a "very limited number of staff" beginning Thursday, according to the agency's website. Certain systems, such as company filings, will operate during the shutdown, and the SEC "will be able to respond to emergency situations involving market integrity and investor protection, including law enforcement."
Within the SEC's divisions of corporation finance and investment management, some staff will be available to answer questions about fee calculations for filings during the partial shutdown, but they will not respond to other questions.
The SEC has about 4,400 employees. In the event of a full shutdown, about 110 would stay for law enforcement-related activities and another 175 would remain for security, according to the agency's shutdown plans last month. In total, about 94% of SEC employees would be furloughed.
The partial government shutdown begins to impact the Securities and Exchange Commission on Thursday.
The SEC will have a "very limited number of staff" beginning Thursday, according to the agency's website. Certain systems, such as company filings, will operate during the shutdown, and the SEC "will be able to respond to emergency situations involving market integrity and investor protection, including law enforcement."
Within the SEC's divisions of corporation finance and investment management, some staff will be available to answer questions about fee calculations for filings during the partial shutdown, but they will not respond to other questions.
The SEC has about 4,400 employees. In the event of a full shutdown, about 110 would stay for law enforcement-related activities and another 175 would remain for security, according to the agency's shutdown plans last month. In total, about 94% of SEC employees would be furloughed.
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