MFA President and CEO Bryan Corbett issued the following statement in support of the Securities and Exchange Commission’s (SEC) and Commodity Futures Trading Commission’s (CFTC) decision to extend the compliance date for the amended Form PF by one year:

“The alternative asset management industry thanks the SEC and CFTC for their pragmatic decision to grant a one-year extension of the amended Form PF compliance date. The extension will improve data quality and give regulators time to reassess whether the rule aligns with its statutory purpose. MFA looks forward to working with the Commissions to ensure Form PF provides information necessary for FSOC to assess systemic risk without imposing unnecessary compliance costs.”  — Bryan Corbett, MFA President and CEO  

Source: MFA

The Securities and Exchange Commission (SEC) has voted to extend the compliance date for the pending Form PF changes from 01 October 2025 until 01 October 2026.

Jiří Król, Deputy CEO, Global Head of Government Affairs of AIMA, said: “AIMA welcomes the extension of the Form PF compliance date. The additional time provides an important opportunity to consider a more proportionate version of the Form. We have put forward a concrete proposal to streamline the requirements and remain committed to achieving a framework that meets both regulatory and industry needs in an efficient manner.”

On background:

The SEC has also signalled its willingness to further review Form PF to ensure that they are asking for only the information that is necessary to meet the regulatory objective of systemic risk monitoring.

AIMA, the world’s largest membership association for alternative investment managers, has repeatedly emphasised its view that a further reconsideration of Form PF, considering its intended purpose, would be desirable. AIMA  welcomes the opportunity to engage with the SEC and its staff on its further review of the scope of Form PF.

Source: AIMA