TechFlow News, April 20: According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly proposed easing reporting requirements for hedge funds. The proposal would eliminate reporting obligations for smaller advisers and raise the Form PF filing threshold for private fund managers’ assets under management from $150 million to $1 billion. The two regulatory agencies stated that data collected via Form PF would be used confidentially for examinations and investigations of private fund advisers.
Form PF is a regulatory filing required by the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) from certain private fund advisers. Its primary purposes are: monitoring risks across the private fund industry, assessing potential systemic risks, and supporting examinations, investigations, and regulatory analysis with data.
