Market Conduct Annual Statement Company Waiver and Extension Report

The MCAS Company Waiver and Extension Report provides information about Market Conduct Annual Statement waiver and extension requests for ONE company. The report includes only those states that received waiver or extension requests from the selected company. This report is a tool for regulators to identify companies with a high level of waiver or extension activity in states other than their own.  

To View MCAS Company Waiver and Extension Report using the iSite+ Report Categories

Search for an entity or entities by performing a Company/Firm Search.

1. Check entity/entities on which to report from those in the Company List box.
2. Look under the Market Conduct Annual Statement section in the Categories Screen to find the MCAS Company Waiver and Extension Report link and click on it.

The report contains the following columns of information:

 State

Every state with a waiver or extension request from this company is displayed in this column. The state abbreviation is a link to the MCAS Filing Status Report (see iSite+ Help for details about report).

 LOB

The line of business associated with an extension or waiver request is displayed.  If requests exist for multiple lines of business each request is shown on a separate line.  

Waiver

If a waiver is requested this column contains one of the statuses described below.  If the request is for an extension this column is left blank.

• Approved – indicates the waiver is approved

• Pending – indicates the company submitted a waiver request and they are awaiting a decision from the state

• Denied - indicates the waiver request was rejected by the state

 Extension

If an extension is requested this column contains one of the statuses described below.  If the request is for a waiver this column is left blank.

• Approved – indicates the extension is approved

• Pending – indicates the company submitted an extension request and they are awaiting a decision from the state

• Denied - indicates the extension request was rejected by the state

 Extend Dt- (Date)

If the extension status is pending this column contains the company’s requested extension date.  If the extension status is approved this column contains the state’s approved extension date. For waiver requests this column is left blank.

 Request

This column provides a link to the actual Waiver or Extension Request submitted by a company. Regulators from any participating MCAS state may view any waiver or extension request for any other state through this link. However, only a state-authorized regulator may approve, deny, or comment on those requests associated with their specific state. 

 Each column on the report is sortable by selecting an option from the arrow to the right of the column heading.