Reed Smith Client Alerts

On January 10, 2019, the SEC’s Division of Corporation Finance updated its FAQs related to the on-going government shutdown. EDGAR will continue to accept registration statements, offering statements and other filings; however, as discussed below, during a shutdown the SEC will not be able to declare registration statements effective nor qualify Form 1-A offering statements. A limited number of staff members in the Division of Corporation Finance are available to answer questions relating to fee calculations for filings and emergency relief regarding filings or other federal securities law matters but will not generally be available to respond to other questions. The SEC has established an emergency email address, CFEmergency@sec.gov, which you can use for assistance with these limited matters.

作者: Danielle Carbone

The SEC has provided the following information related to registration statements during the shutdown. Questions 4 and 5 have been revised and Questions 6 and 9 have been added to the prior SEC guidance.