MFA Submits Comments to SEC on JOBS Act Implementation

MFA submitted a comment letter to the Securities and Exchange Commission (SEC) in response to its proposed implementation of Section 201 of the Jumpstart Our Business Startups (JOBS) Act. In the letter, MFA described the extensive regulatory framework applicable to hedge fund managers following enactment of the Dodd-Frank Act, and explained that the framework has significantly enhanced oversight of the industry. MFA also explained that implementation of Section 201 of the JOBS Act will lead to greater transparency of the industry because hedge fund managers will be able to publicly disclose information about funds they manage, such as by submitting performance information to publicly available databases.