MFA submitted a letter to the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), calling the comment period for the Form PF proposed rules far too brief to fully assess the impact of the proposal.
The letter emphasizes that the request submitted by MFA and eight other associations for a 60-day extension to the comment period was not granted. It explains that MFA did not want to provide incomplete comments given the potential impact of the proposal but will submit a comment letter in the coming weeks and work with the SEC to enhance the proposal.
