5.
The Review State
Up one level
The Review state indicates that the Reviewers may begin reviewing the Document, though the Preparers have not necessarily finished their work. It may be the case that firms wish to have the Reviewers perform their DMS-level reviews in a specific order. There is no mechanism in the DMS to enforce this, but the DMS does facilitate this, through email notifications, and through listing, for each Document, which Reviewers have and have not completed their reviews.