Potential SEC Shutdown: Frequently Asked Questions About the Impact on Capital Markets Transactions and Public Companies

The U.S. federal government shutdown that began Saturday has the potential to affect capital markets and public companies in far-reaching ways. While the Securities and Exchange Commission currently plans to operate fully staffed for a limited number of days, we have received questions about what would happen in the event of a total shutdown. To address these questions, Skadden has joined with 17 other law firms to prepare a memorandum that answers the most frequently asked questions relating to the status of the SEC during a shutdown.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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