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Oct 07, 2013
 |  BioCentury  |  Finance

Sound and fury

Biobankers say federal shutdown hasn't dampened deal flow yet
Sound and fury

Bankers say the week-old government shutdown has yet to dampen market enthusiasm for IPOs or follow-ons, but the Securities and Exchange Commission's ability to keep the lights on for a few weeks and a looming political fight over the debt ceiling are potential stumbling blocks.

SEC spokesperson John Nester told BioCentury the agency is fully operational. "We have determined that our carryover balances are sufficient to allow us to remain open for...

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