SEC Monitoring Impact of Hurricane Michael on Capital Markets

The Securities and Exchange Commission is closely monitoring the impact of Hurricane Michael on investors and capital markets. “The dedicated staff of the SEC is preparing to provide support for market participants as Hurricane Michael approaches the Gulf,” said SEC Chairman Jay Clayton. “While we assess the need to extend deadlines for filings and other regulatory requirements, work to help ensure access to securities accounts, and monitor for storm-related fraud, we encourage all of those in its path to pay close attention to directions from local officials before, during, and after the storm.” The SEC divisions and offices that oversee companies, accountants, investment advisers, mutual funds, brokerage firms, transfer agents, and other regulated entities and investment professionals will continue to closely track developments.