Possibly, the SEC website talks about the shutdow
Post# of 32991
(Total Views: 345)
Posted On: 01/10/2019 5:02:47 PM
Possibly, the SEC website talks about the shutdown on the main page. For one thing does NOT seem to affect amended filings which I think is what FUSZ will be doing to their S-1A if I'm not mistaken, so that could be a good thing.
Whether it affects moves to NASDAQ, unkown and that may have more to do with NASDAQ than the SEC. So possibly it won't have any effect on FUSZ. It does affect the SEC - here's what the website says:
SEC Operational Status
Due to the ongoing federal government shutdown, the SEC is currently operating in accordance with the agency's plan for operating during a shutdown. Effective Thursday, Dec. 27 and until further notice, the agency will have a very limited number of staff members available. The SEC has staff available to respond to emergency situations involving market integrity and investor protection, including law enforcement. In addition, our plan calls for the continuing operation of certain Commission systems, including EDGAR, and the Tips, Complaints, and Referrals (TCR) system. We plan to post any changes in operational status on this page. Additional information is available from the Division of Corporation Finance and the Division of Investment Management.
Information for Contractors
The Office of Acquisitions has compiled a list of contracts that are required to support certain SEC functions during the federal government shutdown. Performance of contracts not on this list must be suspended. The list will be updated as appropriate. More information is available here.
From one of the links on their homepage:
Division of Corporation Finance Actions During Government Shutdown
A limited number of staff members in the Division of Corporation Finance are available to answer questions relating to fee calculations for filings, but will not generally be available to respond to other questions. If you require assistance in calculating a fee for a filing you will make during the shutdown period, submit your request and contact information to CFEmergency@sec.gov. Federal law and regulations require us to cease our regular activities and our ability to respond to other questions may be limited by those regulations. Regardless of our operating status, EDGAR will accept registration statements, offering statements and other filings; however, as discussed below, during a shutdown we will not be able to declare registration statements effective nor qualify Form 1-A offering statements.
Please do not contact staff in the Division of Corporation Finance to report a tip or complaint. Please follow the instructions at https://www.sec.gov/tcr to report your concern. In addition, we are not permitted to answer questions submitted to CFEmergency@sec.gov that are not related to fee calculations for filings during the shutdown period.
From another link:
VISION OF INVESTMENT MANAGEMENT ACTIONS DURING GOVERNMENT SHUTDOWN
Due to the government shutdown, the Division of Investment Management will not be available to respond to any questions about pending matters. Please understand that regulations require us to cease our regular activities and our ability to respond to questions may be limited by those regulations. In case of an emergency, please send an email to IMemergency@sec.gov or call 202-551-6720.
During the shutdown, the Division will not be in a position to act upon any requests for acceleration of the effective date of a pending registration statement or qualification of a pending offering statement until the SEC receives appropriations to fund its operations. Investment companies can continue to make filings on EDGAR during this time. A significant percentage of filings submitted by registered investment companies are in the form of post-effective amendments to registration statements. Many of these filings, pursuant to rules promulgated under the 1933 Act (e.g., Rule 485 for open-end funds), become effective automatically either immediately upon filing or following the passage of a certain number of days. These filings will become effective automatically after the entire time period set forth in the applicable rules until the SEC returns to open and operational status.
A limited number of staff members are available to answer questions relating to fee calculations for filings. If you require assistance in calculating a fee for a filing you will make during the shutdown period, submit your request and contact information to IMEmergency@sec.gov.
We will follow the procedures set forth by the Division of Corporation Finance described here, as applicable, with regard to the acceleration of initial registration statements and other types of filings made by registered investment companies during the federal government shutdown.
Please direct questions about individual filings to Bill Kotapish (202-551-6756) from Dec. 27 – Jan. 4 and Christian Sandoe (202-551-6949) after Jan. 4.
Go to www.sec.gov for more info...
Whether it affects moves to NASDAQ, unkown and that may have more to do with NASDAQ than the SEC. So possibly it won't have any effect on FUSZ. It does affect the SEC - here's what the website says:
SEC Operational Status
Due to the ongoing federal government shutdown, the SEC is currently operating in accordance with the agency's plan for operating during a shutdown. Effective Thursday, Dec. 27 and until further notice, the agency will have a very limited number of staff members available. The SEC has staff available to respond to emergency situations involving market integrity and investor protection, including law enforcement. In addition, our plan calls for the continuing operation of certain Commission systems, including EDGAR, and the Tips, Complaints, and Referrals (TCR) system. We plan to post any changes in operational status on this page. Additional information is available from the Division of Corporation Finance and the Division of Investment Management.
Information for Contractors
The Office of Acquisitions has compiled a list of contracts that are required to support certain SEC functions during the federal government shutdown. Performance of contracts not on this list must be suspended. The list will be updated as appropriate. More information is available here.
From one of the links on their homepage:
Division of Corporation Finance Actions During Government Shutdown
A limited number of staff members in the Division of Corporation Finance are available to answer questions relating to fee calculations for filings, but will not generally be available to respond to other questions. If you require assistance in calculating a fee for a filing you will make during the shutdown period, submit your request and contact information to CFEmergency@sec.gov. Federal law and regulations require us to cease our regular activities and our ability to respond to other questions may be limited by those regulations. Regardless of our operating status, EDGAR will accept registration statements, offering statements and other filings; however, as discussed below, during a shutdown we will not be able to declare registration statements effective nor qualify Form 1-A offering statements.
Please do not contact staff in the Division of Corporation Finance to report a tip or complaint. Please follow the instructions at https://www.sec.gov/tcr to report your concern. In addition, we are not permitted to answer questions submitted to CFEmergency@sec.gov that are not related to fee calculations for filings during the shutdown period.
From another link:
VISION OF INVESTMENT MANAGEMENT ACTIONS DURING GOVERNMENT SHUTDOWN
Due to the government shutdown, the Division of Investment Management will not be available to respond to any questions about pending matters. Please understand that regulations require us to cease our regular activities and our ability to respond to questions may be limited by those regulations. In case of an emergency, please send an email to IMemergency@sec.gov or call 202-551-6720.
During the shutdown, the Division will not be in a position to act upon any requests for acceleration of the effective date of a pending registration statement or qualification of a pending offering statement until the SEC receives appropriations to fund its operations. Investment companies can continue to make filings on EDGAR during this time. A significant percentage of filings submitted by registered investment companies are in the form of post-effective amendments to registration statements. Many of these filings, pursuant to rules promulgated under the 1933 Act (e.g., Rule 485 for open-end funds), become effective automatically either immediately upon filing or following the passage of a certain number of days. These filings will become effective automatically after the entire time period set forth in the applicable rules until the SEC returns to open and operational status.
A limited number of staff members are available to answer questions relating to fee calculations for filings. If you require assistance in calculating a fee for a filing you will make during the shutdown period, submit your request and contact information to IMEmergency@sec.gov.
We will follow the procedures set forth by the Division of Corporation Finance described here, as applicable, with regard to the acceleration of initial registration statements and other types of filings made by registered investment companies during the federal government shutdown.
Please direct questions about individual filings to Bill Kotapish (202-551-6756) from Dec. 27 – Jan. 4 and Christian Sandoe (202-551-6949) after Jan. 4.
Go to www.sec.gov for more info...
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