Consequences of Potential SEC Shutdown

If the U.S. federal government shuts down when the current funding resolution expires at midnight on Friday, April 8, the Securities and Exchange Commission (SEC) has announced that it will have only an extremely limited number of staff members available to respond to emergency situations.

Attached is some additional information prepared by a group of law firms, including Cleary Gottlieb, regarding the implications of the shutdown for capital markets and M&A transactions that you might find helpful.

If you have any questions, please feel free to contact any of your regular contacts at the firm or any of our partners and counsel listed under Capital Markets.