On October 10, the SEC announced that it is re-opening the comment period on proposed Securities Act Rule 151A and proposed Exchange Act Rule 12h-3 for another 30 days. Prior to conclusion of the initial comment period on September 10, the SEC received, but did not act on, numerous requests to extend the Rule 151A comment period. The stated reason for the extension is "to provide additional time for the public to thoroughly consider the proposal." The extended comment period ends 30 days after publication of the October 10 release in the Federal Register, which is likely to fall in mid-November.