Hunton Retail Law Resource

After more than 40 days of gridlock, Congress appears close to a deal to reopen the federal government. The Senate has reached an agreement in principle on a package of appropriations and continuing resolutions, but both chambers must still complete votes before funding is enacted. A full reopening may take several more days. During the shutdown, the US Securities and Exchange Commission (SEC) has been operating with only a small emergency staff to handle matters posing an immediate threat to markets or investors; the agency’s core review and interpretive functions have been effectively paused.