Replies to post #217668 on Digital Brand Media and Marketing Group Inc (DBMM)

[Jetmek_03052]

https://www.sec.gov/about/rulesprac072003.htm#informal

SEC General Rule 900 (a) (iii)

(iii) Ordinarily, a decision by the Commission with respect to an appeal from the initial decision of a hearing officer, a review of a determination by a self-regulatory organization, or a remand of a prior Commission decision by a court of appeals should be issued within seven months from the date the petition for review, application for review, or mandate of the court is filed, unless the Commission determines that the matter presents unusual complicating circumstances, in which case a decision by the Commission on the matter may be issued within 11 months from the date the petition for review, application for review, or mandate of the court is filed. The Commission retains discretion to take additional time to dispose of an appeal from the initial decision of a hearing officer, a review of a determination by a self-regulatory organization, or a remand of a prior Commission decision by a court of appeals when the Commission determines that extraordinary facts and circumstances of the matter so require.

The SEC doesn't take issue with an ALJ's decision very often. I'd say that this is a "extraordinary" circumstance.

This, plus the case backlog?

Get ready for another 12 - 24 MONTHS of PURGATORY!