MFA Blog

MFA Welcomes SEC Chairman Clayton, Discusses Regulatory Priorities

Posted on May 19, 2017

MFA, on May 18, sent SEC Chairman Jay Clayton a letter welcoming him to the Commission as well as commending the leadership of Commissioners Piwowar and Stein for their ongoing work. In the letter, MFA expresses support for efforts to modernize and simplify the regulatory framework for capital markets and asset managers as a way to help fulfill the SEC’s critical mission of protecting investors, maintaining fair, orderly and efficient markets and facilitating capital formation.

MFA’s letter restates Members’ support for smart, effective regulation of securities markets and support for many aspects of the Dodd-Frank Act. The letter explains that these goals can be achieved through a sensible approach to regulatory modernization that protects investors while enhancing regulatory coordination and promoting market transparency and fairness.

In order to help increase regulatory efficiency, MFA’s letter outlined several areas of interest to the Association’s Membership, including:

  • Data Security and the Treatment of Confidential Information;
  • Systemic Risk Regulation;
  • Private Fund Systemic Risk Reporting Forms;
  • Registration for Private Fund Managers; and,
  • Equity Market Structure Reforms among other issues.

A copy of MFA’s letter to SEC Chairman Clayton, which discusses MFA’s regulatory priorities in detail,  is available here.