I would try applying the policy through Acrobat first. This will validate whether you have set up the Policy Set and Policy correctly. Note to do this you will need to enable https.
if I configure acrobat which is running on the same machine policy-server with this data servername:localhost port:8443 acrobat answers with an error: connection not possible.
The certificate that is used by the https connection must be in a trusted store. If you connect IE to your https://localhost:8443 then you should get a dialog about the validity of your cert. Assuming you do, click the view Certificate button on the dialog. From the next dialog click the install certificate (take all of the defaults). Stop your browser and try again. The cert dialog should not come up. Now try connecting with Acrobat.
You will also require a valid user for the Publisher name (who is named as a document publisher) and that users associated domain (you can find that in the user manager). All of these parameters are case sensitive as well.
You can assign other roles to that user .... there is no limitation on the number of roles they can have ..... they merely have to be definied as a document publisher.