CandleFocus XRP Lawsuit To End Soon? SEC Prepares For ‘Potential’ Shutdown
2024-12-20
Author: Content Editor
The SEC is preparing for a possible government shutdown, focusing on essential functions like market integrity and investor protection. Some non-essential operations will be paused, but the agency will prioritize overseeing market activities and protecting investors. Attorney Jeremy Hogan suggests that the SEC should file for stays on non-fraud litigation during this uncertain time. It is unclear how cases like Ripple's will be affected by the shutdown. If the SEC shuts down, limited activities will occur, and companies won't have access to certain SEC services. Gary Gensler is set to retire from the SEC on January 20, and Paul Atkins has been nominated to replace him.
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