SEC will miss the March 31st Deadline too.. : LUSENET : TimeBomb 2000 (Y2000) : One Thread

One of the really funny things about bureaucrats is that they have no sense of irony:

""We are substantially ready now ... and we anticipated that we will be ready by August 31," Unger told reporters following a House Capital Markets and Securities Subcommittee hearing.

The SEC has proposed rules that would allow it to shut down brokers after Aug. 31 if they are not completely Y2K-compliant. Comments on the proposal are due by April 12."

-- Arlin H. Adams (, March 27, 1999



-- Link now (link@now.hurry), March 27, 1999.

He didn't forget the link

-- RobbY2K (, March 27, 1999.

Missed Federal deadlines: 9/30/1998, 12/31/1998, 3/31/1999 (for many agencies including the SEC). Why would anyone believe agencies with such a bad record?

-- Incredulous (, March 27, 1999.

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