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SEC Extends Comment Period on IFRS Road Map

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The SEC announced Tuesday that it will extend by two months the comment period for its proposed road map for the adoption of IFRS for U.S issuers.

           

The comment period for the proposed road map, which was published Nov. 14, was originally scheduled to close Feb. 19. In a rule proposal, the SEC said the new deadline for comments is April 20.

           

“This action will allow interested persons additional time to analyze the issues and prepare their comments,” the rule proposal says.

           

Comments may be submitted electronically using the SEC’s comment form or by sending an e-mail to rule-comments@sec.gov. Include File Number S7-­27-08 in the subject line; or through the federal rulemaking portal. Paper comments should be submitted in triplicate referencing File Number S7-27-08 to Elizabeth M. Murphy, Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549-1090.

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