SEC confirms filings move toward effectiveness after 20 days if no delaying amendments. Issuers can request acceleration or rely on Rule 430A for incomplete shutdown filings. Backlogged reviews continue in submission order, including proxies and Form 10s. The Securities and Exchange Commission released new guidance on how issuers can move pending filings forward after the recent US government shutdown. The Division of Corporation Finance recorded more than 900 filings during the closure. The heavy volume created significant pressure on review teams. Issuers now want faster clearance, especially those preparing crypto exchange-traded funds. Eric Balchunas, Senior ETF Analyst at Bloomberg, noted that the new guidance may help issuers activate filings sooner. He also said some crypto issuers who skipped the 8(a) step may try to move quickly. Bitwise remains the next … Read The Full Article SEC Prioritizes Clearing Shutdown Backlog as Issuers Eye Faster ETF Approvals On Coin Edition .
