CRE will give serious consideration to addressing the aforementioned issues but a decision will not be forthcoming in the immediate future.
Considerations include:
Will CRE be able to identify and comment on the key submissions in a reasonable time period?
What is the potential social downside of missing an important comment?
Will the leadership of CRE be available to make a meaningful contribution?
It should be noted that CRE’s highest priority is accorded to the development of its now recognized policy titled “Insoluble Insolvency”. Within existing polices the aforementioned project will take precedent over the project under discussion. Is this a workable solution?
NB CRE has already paid considerable dues to improving rulemaking procedures.
