Government Shutdown Leaves Advisers, Funds Hanging

The partial government shutdown - which includes the SEC - is now approximately three weeks old, and the effect on advisers, funds and others regulated by the agency is only likely to grow the longer it stays in effect. Most aspects of SEC regulation - examinations, answers to questions or requests, enforcement and more - have slowed considerably, if not stopped, leaving advisory firms and investment companies that are dependent on the SEC without a clear path forward.
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