With SEC workers offline, the government shutdown could screw IPO-ready companies

With SEC workers offline, the government shutdown could screw IPO-ready companies

5 years ago
Anonymous $L9wC17otzH

https://techcrunch.com/2019/01/09/with-sec-workers-offline-the-government-shutdown-could-screw-ipo-ready-companies/

The government shutdown has entered into day 19, making it the second-longest shutdown in U.S. history. With President Donald Trump slamming his hands down on a table and storming out of negotiations with Speaker Nancy Pelosi and Senator Chuck Schumer earlier today, a fast-approaching end feels unlikely.

Hundreds of thousands of federal workers are out of work as U.S. leaders struggle to reach a fair agreement on the federal budget, including employees of the U.S. Securities and Exchange Commission . The government agency, responsible for protecting investors and maintaining fair, orderly and efficient markets, shut down on December 27 and has just 285 of its 4,436 employees on the clock.

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