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Re: THall post# 13207

Monday, 09/30/2019 11:53:34 PM

Monday, September 30, 2019 11:53:34 PM

Post# of 14167
That's what I was talking about. The proposed rule. It's in the very early stages right now. Once the comment period is over, they'll take those comments into account and come up with a final rule. If there's enough interest from commenters, they may extend the comment period.

So in any case, we won't see a final rule till next year. I wish it could be hurried, but the SEC rarely rushes anything.

The proposal does NOT become effective after 60 days. Why would they ask for comments if they aren't going to pay any attention to them?