Jan 19, 2018
SEC would remain open "limited number of days" in gov't shutdown
- Dan Primack, author of Axios Pro Rata
SEC Chairman Jay Clayton. Photo By Bill Clark/Getty.
The Securities and Exchange Commission, which is charged with protecting investors and regulating U.S. markets, says that it would only "remain open for a limited number of days" were the federal government to shut down.
Why it matters: Any slowdown or suspension of key SEC services could disrupt financial markets.
An SEC spokesman declined to say how many days the Agency could remain fully-staffed in a shutdown.
Primary sources: The SEC's full shutdown plan