SEC Reopened After 35-Day Government Shutdown
SEC Chairman Jay Clayton announced on Saturday, January 26 that with an agreement reached to end the government shutdown, the “Commission has resumed normal staffing levels and is returning to normal operations.”
In total, about 94% of the commission’s approximately 4,400 employees had been furloughed during the 35-day shutdown, according to its operations plan.
In a statement, Chairman Clayton said that the leaders of the SEC’s Divisions and Offices, working with other Staff, will determine how best to transition to the SEC’s normal activities. Certain of the Divisions and Offices will publish their own statement pertaining to their transition plans. Statements regarding transition plans will be available at www.sec.gov.
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