Washington, D.C. – MFA issued the following statement from President and CEO Bryan Corbett regarding the U.S. Court of Appeals for the Fifth Circuit’s decision on the SEC’s Securities Lending and Short Position Reporting rules:
“It is gratifying to see the Court, yet again, remand the Biden Administration’s ill-conceived rulemakings for the SEC’s new leadership to fix. These regulations were fatally flawed from the start when the SEC adopted highly-related rules on the same day without analyzing the impact one would have on the other. MFA looks forward to working with President Trump and SEC Chairman Atkins to fix these problematic rules.” — Bryan Corbett, MFA President and CEO
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About the global alternative asset management industry
The global alternative asset management industry — including hedge funds, private credit funds, and hybrid funds — serves thousands of public and private pension funds, charitable endowments, foundations, and other global institutional investors. The industry provides portfolio diversification and risk-adjusted returns to help meet their funding obligations and return targets throughout the economic cycle.
About MFA
Managed Funds Association (MFA), based in Washington, D.C., New York City, Brussels, and London, represents the global alternative asset management industry. MFA’s mission is to advance the ability of alternative asset managers to raise capital, invest it, and generate returns for their beneficiaries. MFA advocates on behalf of its membership and convenes stakeholders to address global regulatory, operational, and business issues. MFA has more than 180 fund manager members, including traditional hedge funds, private credit funds, and hybrid funds, that employ a diverse set of investment strategies. Member firms help pension plans, university endowments, charitable foundations, and other institutional investors diversify their investments, manage risk, and generate attractive returns throughout the economic cycle.
