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UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 DIVISION OF CORPORATION FINANCE March 5, 2013, X. Lane Folsom Locke Lord LLP Folsom lockelord.com Re: PMC Commercial Trust Dear
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The PMC commercial trust rule is a regulation that governs the reporting requirements for commercial trusts managed by PMCs.
Any PMC that manages commercial trusts is required to file the PMC commercial trust rule.
PMC must provide detailed information about the trusts they manage, including financial data and beneficiary information, when filling out the PMC commercial trust rule.
The purpose of the PMC commercial trust rule is to ensure transparency and accountability in the management of commercial trusts by PMCs.
Information such as trust assets, income, expenses, beneficiaries, and any conflicts of interest must be reported on the PMC commercial trust rule.
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