My iphone is updated with the new 2.0 build (5A258f).

I'm having a problem connecting with the corporate exchange server. We use device password policies through MSFP (we require an alphanumeric password to lock the device after 2 minutes for security purposes) but I am not receiving the policy sent down to my iphone like I have with my windows mobile devices.

Is there something I am missing?

Any assistance would be greatly appreciated.