SEC Offers Relief for IPOs Stuck in Limbo During Shutdown (1)

The US Securities and Exchange Commission offered some relief to would-be public companies stuck in regulatory limbo as the government shutdown drags on.

Companies launching initial public offerings while most of the government is closed will not have to include a specific price in their documents filed with the market regulator, under guidance released Thursday. This is typically a key part of the process, which usually involves filings getting scrutinized by SEC staff reviewers looking for misstatements or unclear disclosures.

“This is essentially making it easier to have an IPO or another registered offering even when the staff are not ...