What You Need to Know
- The comment period has been extended to Sept. 12.
- The proposed policy revisions apply to the qualifications and registrations of REITs.
The North American Securities Administrators Association has extended the comment period on its proposed revisions to its policy regarding real estate investment trusts to Sept. 12.
The original comment deadline was Aug. 11.
NASAA said its Corporation Finance Section Committee received a letter from a group of industry trade groups on Aug. 2 requesting a 30-day extension.
“This proposal is six years in the making following the release of the first iteration back in 2016,” said NASAA Corporation Finance Section Committee Chairwoman Andrea Seidt, who also serves as Ohio securities commissioner, in a statement.