SEC Offers Relief for IPOs Stuck in Limbo During Shutdown

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.