Paul Atkins

Gary

when

<ul class="wp-block-list">
  
 <li>The SEC will prioritize market integrity and investor protection during a potential shutdown, pausing non-essential operations.</li>   
 <li>Essential functions like the EDGAR database will remain active, but filing reviews, approvals, and exemptions will face delays.</li>   
 <li>Gary Gensler’s SEC departure on January 20 coincides with a leadership shift to Paul Atkins amid shutdown uncertainties.</li> 
</ul>   
<p>The Securities and Exchange Commission (SEC) is preparing to scale back operations in anticipation of a potential government shutdown. With federal funding in question, the agency plans to prioritize essential functions, focusing on market integrity and investor protection.&nbsp;</p>   
<p>However, non-essential activities will be paused, potentially causing significant disruptions for companies and financial entities relying on its services.</p>   
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   https://twitter.com/attorneyjeremy1/status/1869820640641069560 
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<h2 class="wp-block-heading" id="h-core-operations-to-continue-but-delays-are-expected"><strong>Core Operations to Continue, But Delays Are Expected</strong></h2>   
<p>In addition, the SEC’s <a href="https://cryptonewsland.com/bitwise-prepares-for-xrp-etf-launch-xrp-prepares/" target="_blank" rel="noreferrer noopener">essential</a> systems, including the EDGAR database, will remain operational during a shutdown. This database ensures companies and investors can still access critical filings.&nbsp;</p>   
<p>However, the agency will suspend its review of registration statements, tender offers, and similar filings. Consequently, businesses seeking to raise capital or manage securities transactions may face delays.</p>   
<p>Moreover, companies <a href="https://cryptonewsland.com/crypto-etf-boom-expected-in-2025-amid/" target="_blank" rel="noreferrer noopener">awaiting</a> feedback or approval from the SEC will experience interruptions, as the agency will not process exemption requests or no-action letters during this period. The shutdown could disrupt corporate finance activities, potentially affecting market participants reliant on timely SEC reviews.</p>   
<h2 class="wp-block-heading" id="h-leadership-transition-adds-another-layer-of-uncertainty"><strong>Leadership Transition Adds Another Layer of Uncertainty</strong></h2>   
<p>Gary Gensler, the SEC Chair under President Joe Biden, previously announced plans to step down on January 20. His departure coincides with President-elect Donald Trump’s nomination of Paul Atkins, a former SEC commissioner, as his replacement.</p>   
<p>Atkins, known for his conservative approach, is expected to shape the agency’s direction significantly. As cases like Ripple’s gain momentum, the shutdown raises questions about how high-profile legal proceedings might be affected.</p>   
<p>Legal professionals, such as attorney Jeremy Hogan, have suggested that the SEC pause non-fraud litigation cases during this uncertain period. Hogan emphasized the importance of focusing on ethical considerations during a time when the agency’s resources are stretched thin.</p>   
<p>Consequently, the government shutdown could impact the SEC’s ability to oversee market activities comprehensively. Federal agencies cannot operate without funding, limiting their scope to essential functions like protecting property and investors.</p>   
<p>Therefore, businesses must prepare for potential delays and interruptions, especially those requiring SEC approvals or guidance.</p> 
<p>The post <a href="https://cryptonewsland.com/xrp-lawsuit-nears-conclusion-as-sec-braces-for-potential-shutdown/">XRP Lawsuit Nears Conclusion as SEC Braces for ‘Potential’ Shutdown</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

XRP Lawsuit Nears Conclusion as SEC Braces for ‘Potential’ Shutdown

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