On September 14, 2022, MFA and other trade associations submitted a letter to the CFTC and SEC requesting a 60-day extension of the comment period for the Form PF Proposed Rules with a new deadline of December 12, 2022.
The letter argues that, given the substantial proposed changes to Form PF, the importance of collecting useful and informative data to regulators, and the significant accompanying new infrastructure, operations, and compliance costs and burdens, it would be in the best interests of regulators, registrants, the investors they serve and the public for the Commissions to grant a 60-day comment extension from the current October 11 deadline to December 12, 2022.