If Congress fails to pass a budget or a continuing resolution to maintain funding, much of the federal government will shut down at 12:01 a.m., EDT, on October 1, 2015. The SEC has issued a summary of the major SEC functions to be continued and discontinued during a lapse in appropriations.

In the event of a government shutdown, the SEC will operate with a limited staff that will respond only to emergency situations. The staff will not be available to review and accelerate effectiveness of registration statements for securities offerings, provide interpretive advice, issue no-action relief or review periodic reports or other filings. However, EDGAR will accept filings and remain fully functional. Reporting companies should continue to make all Exchange Act filings on a timely basis.