In light of the risk of an imminent government shutdown, now is
a good time to review the SEC's "Operations Plan under a Lapse in Appropriations
and Government Shutdown." While the Operations Plan only
covers a total government shutdown and not a partial shutdown
(which occurred in 2013), the Operations Plan notes that:
- the SEC's EDGAR system will
remain fully functional as long as funding for the contractor
remains available through permitted means; and
- SEC personnel will be able to process
requests for EDGAR access codes and password resets and to answer
questions about fee-bearing EDGAR filings and other emergency
questions regarding EDGAR submissions.
However, the Operations Plan indicates that the Divisions of
Corporation Finance, Investment Management, and Trading and
Markets, and the Office of Compliance Inspections and Examinations
will be unable to process filings, provide interpretive advice,
issue no-action letters or conduct any other normal
