news 
Title: SEC Preparing for Shutdown
As the United States government approaches a potential shutdown, the Securities and Exchange Commission (SEC) is preparing for the worst-case scenario. In the event of a government shutdown, the SEC will continue to perform essential functions, including enforcement and investigation activities.
However, some important responsibilities might be put on hold or significantly delayed. For instance, the commission would likely stop performing routine reviews of various filings, such as ETF applications. Additionally, the agency’s staff might not receive paychecks during a shutdown, which could impact its ability to respond efficiently.
In a related news, anti-crypto SEC Commissioner Caroline Crenshaw is expected to leave the agency following senators’ failure to vote on her renomination earlier this week. The development would result in the appointment of three Republican commissioners at the agency.
Source: u.today
