SEC to Extend Filing Deadlines for Those Impacted by Hurricane Sandy
The U.S. Securities and Exchange Commission (SEC) announced on Monday that it would extend filing deadlines for public companies and other filers affected by Hurricane Sandy. This announcement comes in advance of the Friday, November 9 deadline for many large public companies to file their quarterly reports. The SEC expects to postpone the deadline for filings due from Oct. 29 through Nov. 20 until Nov. 21 for any entity or individual that cannot file in a timely basis due to Hurricane Sandy and its aftermath. This may include impacted companies, as well as investment companies, investment advisers, accountants, brokerage firms, transfer agents and others with filing obligations. SEC commissioners still must vote on a final relief order, which will provide further detail and guidance for impacted filers. Last week, the SEC announced that it would address requests for extensions on an individual basis.
The SEC release may be viewed here.
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