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Once the review is complete, it can issue final regulations.
If the Secretary exempts the segment after the final regulations are prescribed, the Secretary shall publish the exemption as an amendment to the final regulations.
But the department needs to remedy several weaknesses before it issues final regulations.
The S.B.A. is required to issue final regulations by the end of the year.
The final regulations are expected soon, with compliance likely to be required by 2014.
The final regulations on this issue are to be released at the end of this month.
And some were already exploring the possibility of challenging the fund's final regulations in federal court.
Yet, he added, challenging the final regulations in court poses risks, too.
The act gives Congress 60 days to reject final regulations issued by federal agencies.
The final regulations are expected to win the board's unanimous support in the next several weeks.
In the final regulations, those deadlines are eliminated, as is the requirement for contemporaneous medical records.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com