A Comparison Of Investment Adviser Reporting Forms

Law360, New York (January 10, 2012, 1:05 PM ET) -- On Oct. 26, 2011, the U.S. Securities and Exchange Commission adopted Form PF, the form to be used by SEC-registered investment advisers to provide the new Financial Stability Oversight Council, the systemic risk oversight body created by the Dodd-Frank Wall Street Reform and Consumer Protection Act, with information necessary to help it monitor the systemic risk created by private funds, among other things. For further information, see Form PF: Private Fund Systemic Risk Reporting in the United States.

Just days later, on Nov. 11, 2011, the European Securities and Markets Authority (ESMA) published its final report containing ESMA's technical advice to the European Commission (the "ESMA Advice") on possible implementing measures of the Alternative Investment Fund Managers Directive.