MFA Blog

MFA Submits Comments to SEC in Response to Proposed Amendments to FINRA Rule 5131

Posted on October 1, 2013

MFA submitted a letter to the Securities and Exchange Commission in response to proposed amendments to FINRA Rule 5131 (New Issue Allocations and Distributions).  In the letter, MFA explains that, due to their structure, diversified range of investors, and investment activity of allocating capital across a broad portfolio of assets, there is a reduced risk of spinning through an investment in a hedge fund.  Accordingly, the letter supports the proposed amendments to Rule 5131, and recommends that the SEC approve the proposed amendments.