What is the time line for issuing the initial comment letter?
The participating jurisdictions have ten (10) business days to submit their comments to the lead jurisdictions. Within another five (5) business days, the lead states collect and consolidate all comments and create a single letter to be sent to the issuer. The five (5) business day period includes a two (2) business day period for the participating jurisdictions to review the comment letter for changes and corrections.
What is the time line for issuing the initial comment letter?