Former SEC Chairman: It's 'high time' we found a compromise on the shutdown

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'This is anything but an ideal situation.' How could the ongoing government shutdown impact the SEC's ability to regulate the markets or process companies' IPO filings? Former SEC Chair Richard Breeden weighs in:

 

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The financial system is dependent or regulators by design of the regulators/government. The current government shutdown (now 27 days) holds up both essential business (such as IPOs, registration reviews, etc...) as well as hampers American companies in global competition.

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