MFA sent a letter to Securities and Exchanges Commission (SEC) Chair Paul Atkins outlining proposals to promote capital formation, improve regulatory efficiency, and reduce waste.
MFA recommended the following:
- Rescind and Revert FSOC Designation Guidance to the 2019 Standards
- Rescind the 2023 and 2024 SEC Form PF Amendments and Revamp Form PF
- Rescind 2023 SEC Schedule 13G Beneficial Ownership Reporting Amendments; Modify to Eliminate Duplicative Filing by Allowing Filers to Rely on Form 13F
- Stop the Unlawful Interpretation of the Dealer Definition; Adopt an Interpretation Consistent with the Statute and Avoid Over-Regulation
- Extend the AML Compliance Date; Provide Additional Guidance as Needed
- Boost U.S. Competitiveness: Eliminate Duplicative Regulation; Remove Unnecessary Trading Barriers; Streamline and Simplify Cross-Border Regulation
- Enhance Investment Opportunities for Investors: Streamline Regulatory Approval Processes and Diversify Retirement Investment Options
- Eliminate Reporting by Buy-Side Firms in the OFR Repo Reporting Rule
- Enhance Capital Raising by Ensuring Enforcement of Rule 105 of Regulation M as Originally Intended
- Rescind the 2023 SEC Short Position and Securities Lending Reporting Rules
