The headquarters of the U.S. Securities and Exchange Commission (SEC) is seen in Washington, D.C., U.S. REUTERS/Andrew Kelly/File photo A looming government shutdown would reduce U.S. Securities and Exchange Commission (SEC) staffing to 'skeletal' levels, stopping it from approving companies' Wall Street debuts and hindering its ability to respond to any market turmoil, its chair told lawmakers on Wednesday. Hundreds of thousands of federal workers will be furloughed and a wide range of services will be suspended if Congress fails to pass funding legislation that Democratic President Joe Biden can sign into law by midnight on Saturday (0400 GMT Sunday).

https://business.inquirer.net/423493/as-us-govt-shutdown-looms-firms-told-to-go-public-before-friday

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