A: Hey John! Did you hear about the news?
B: No, what's up?

A: Well, with the government shutdown, companies can now do IPOs without providing pricing information!
B: What?! That sounds weird. Normally, they have SEC reviewers look at their disclosures first, right?

A: Exactly! But since 90% of SEC staff are furloughed, startups can just file their paperwork and it automatically becomes effective after 20 days.
B: That sounds risky... I mean, they're skipping the part where investors know what they're buying.

A: Yeah, I know. The SEC won't penalize companies for this during the shutdown, so some firms might find it more appealing.
B: Seems not good, but maybe we'll be surprised to learn that investor protection works better after the money changes hands...?

A: Companies remain legally liable for their disclosures, and the SEC can demand amendments later.
B: Hmm, interesting times ahead! Thanks for letting me know, buddy!