SEC Notice Re Acceleration in Event of Prolonged Shutdown

News Brief

By Cydney Posner

The SEC has posted the following notice regarding acceleration of registration statements if there is a change in  operating status.

"We understand that the ongoing uncertainty about possible changes in the SEC's operating status in the event of a prolonged federal government shutdown is raising concerns for registrants that are planning to request acceleration of their registration statements in the near future. If a change in our operating status becomes imminent, we will provide as much advance notice as we can and will consider granting requests for acceleration of the effective date of those pending registration statements."

Questions should be directed to the Assistant Director or Office Chief of the Office overseeing the filing.