MFA submitted a letter to the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) urging them to delay the compliance date for the new Form PF requirements by a year (until June 2026).
The letter highlights the difficulties of building a reporting system by the current compliance date given:
- The breadth and complexity of the new data collections in New Form PF
- Ongoing changes to the form and its interpretation and the technical reporting specifications during the last six months, including during the current extension period
- President Trump’s Executive Orders calling for regulatory agencies to review and reevaluate recent rulemakings
