Current SEC Shutdown May Set New Record

By Jody Godoy (January 3, 2019, 10:15 PM EST) -- From halted compliance examinations to frozen cases and delayed stock offerings, experts expressed concern Thursday about the effect of what could be the U.S. Securities and Exchange Commission's longest shutdown.

At almost two weeks, President Donald Trump's partial government shutdown over his demand for a wall on the U.S.-Mexico border is only the fourth-longest in U.S. history. But attorneys who have worked at the SEC over the years say they can't remember a shutdown affecting the agency this long.

Larry E. Bergmann, an attorney at Murphy & McGonigle who worked at the SEC for 30 years starting in 1975, says the longest...

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