Replies to post #13207 on Independent Film Development Corp. (IFLM)

[janice shell]

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?

[jhnvtjll]

Where is that boldfaced quote from? I can't find it in the SEC PDF.