11 Apr 2025
📊Amendments to Form PF Reporting Requirements for Private Funds
Form PF; Reporting Requirements for All Filers and Large Hedge Fund Advisers
Summary
The Commodity Futures Trading Commission ("CFTC") and the Securities and Exchange Commission ("SEC") (collectively, "we" or "Commissions") are adopting amendments to Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds, including those that also are registered with the CFTC as a commodity pool operator ("CPO") or commodity trading adviser ("CTA"). The amendments correct certain errors in Form PF.
Agencies
- Securities and Exchange Commission
- Commodity Futures Trading Commission
Business Impact
$$ - Med
The amendments to Form PF introduce compliance requirements for SEC-registered investment advisers and CFTC-registered operators, reflecting regulatory obligations tied to private fundraising. This impacts financial reporting and may require operational adjustments for affected businesses.