In case you missed it, the White House published an executive order late last week to give federal workers a holiday from December 24th through December 26th. As far as I can tell, the 5-day weekend won’t have much impact on issuers. Here’s what I can glean as of the time of this blog:

– The executive order permits agency heads to keep staff on-duty and stay open in their discretion.

– As of the time of this blog, the SEC hasn’t updated its website to announce any additional closures beyond the permanent federal holidays.

– In other years where there’s been a temporary holiday for federal workers, if the SEC is planning to be fully closed, it announces that – for example, see the announcement posted last year.

– The stock exchanges are sticking to their already-established holiday schedule of closing early on December 24th (at 1:00 pm ET) and operating a regular full trading day on December 26th, according to this Reuters article.

– So, perhaps there will be fewer folks reporting into the office, but for now it seems like Edgar is still open and the 24th and 26th will count as “business days.”

Here are holiday greetings from SEC Chair Paul Atkins and the staff in each division. I love the festive spirit!

Update: Helpfully, a few hours after this blog was published, the SEC has now posted a formal announcement that EDGAR will be closed this Wednesday through Friday, resuming normal operations on Monday, December 29th. That means no EDGAR filings will be accepted and December 24-28 are not “business days” for purposes of filing deadlines.

– Liz Dunshee