According to @StockMKTNewz, citing Bloomberg, the US SEC will halt most of its activities if a federal government shutdown occurs. Bloomberg reports that companies seeking to go public via IPO that have not completed SEC paperwork and had their filings declared effective before a shutdown may face delays, which can shift IPO calendars and execution timing. Bloomberg also notes the SEC’s EDGAR corporate filing system will remain fully functional during the shutdown. Per Bloomberg, only about 400 SEC employees would remain on duty, focused on market oversight and fraud detection.