SEC Chair Gary Gensler Says SEC Oversight Would Be Limited In Government Shutdown
Portfolio Pulse from Benzinga Newsdesk
SEC Chair Gary Gensler has stated that the SEC's oversight would be limited in the event of a government shutdown, according to Reuters.
September 20, 2023 | 4:15 pm
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NEUTRAL IMPACT
The potential government shutdown and subsequent limited SEC oversight could impact the SPY ETF.
The SPY ETF, which tracks the S&P 500, could be impacted by a government shutdown due to the potential for limited SEC oversight. This could lead to increased market uncertainty, potentially affecting the ETF's performance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50