Archived Edition

Week of September 28, 2026

Operational briefing as published at the close of this week. Archived editions are immutable — they preserve the queue narrative exactly as it stood.

NFA Wait Time BriefingSep 30, 2026 – Oct 4, 2026
Unpredictable·Slowing down·working on filings from ~1 month ago
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On Form 1, individuals are clearing faster than trusts — 18 days vs 42 days at the median.

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Form 4 individuals are the fastest right now at 5 days. Form 1 trusts are the slowest at 42 days.

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Half of Form 1 individuals waited between 4 and 48 days — a quarter came in faster, a quarter slower.

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Based on 1,188 approvals reported in the last 90 days.

Approval speeds were unpredictable across the past 4 days. Filers who submitted around the same time saw noticeably different results.

Over the past 4 days, ATF slipped 1 month further behind. ATF is working through filings submitted about a month ago.

Approvals stayed concentrated on a narrow band of filing dates — ATF worked one stretch of the backlog rather than picking at it broadly.

Approval speeds swung around week to week, so recent numbers are a rough guide rather than a reliable estimate.

What this means

Inconsistent timing paired with a flat or falling pace usually means something is disrupting processing. Plan with more margin than the typical wait suggests.

Compared with recent days

Wait times have stayed unpredictable for 4 days running. ATF slipped slightly further behind over the past 4 days.

Highlights

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Wait times have been unpredictable for 4 days straight.

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Over the past 4 days, ATF slipped 1 month further behind.

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Waits still vary widely depending on what you filed and how you filed it.

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Fewer approvals were reported to us than usual during this period.

unpredictable · 4 days

nfawatch.comReported by filers · October 4, 2026

Captured October 4, 2026 from live queue analytics and approval reports contributed by filers. Read the methodology →