DOT EXTENDS DATE OF EFFECTIVENESS FOR PUBLIC CHARTER GUIDANCE
In a notice issued today, DOT extended the date of effectiveness for compliance with revised guidance for public charters until January 14, 2013. DOT states that it is deferring the date of effectiveness in order to address questions and comments related to the new guidance. DOT will continue to take questions and comments until January 14, 2013.
On November 13, 2012, DOT issued new guidance concerning the review and approval of charter prospectuses. A summary of the DOT guidance issued on November 13, 2012 is available here
If you have any questions or would like further information regarding this Guidance, please contact our office.