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ARTICLE · 15 JUNE 2023

Katten Financial Markets And Funds Quick Take | Issue 15

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In early May, the Securities and Exchange Commission (SEC) adopted a final rule amending Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds.

United StatesFinance and Banking
Adam Bolter
Adam Bolter
Christopher Collins
Christopher Collins
Farzad Damania
Farzad Damania
Daniel J. Davis
Daniel J. Davis
Charles A. DeVore
Charles A. DeVore
Danette R. Edwards
Danette R. Edwards
Christian Hennion
Christian Hennion
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Four Key Considerations Since SEC Amended Form PF

By Adam Bolter, Richard Marshall, David Dickstein, Christian Hennion

In early May, the Securities and Exchange Commission (SEC) adopted a final rule amending Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds. Form PF is designed to facilitate both the Financial Stability Oversight Council's ability to monitor systemic risk, as well as the SEC's regulatory oversight of private fund advisers and investor protection efforts. Read about practical considerations for advisers using Form PF.

SEC Adopts T+1 Settlement Cycle

By Alexa Rollins

On February 15, the SEC adopted amendments to Exchange Act Rule 15c6-1, including an amendment that decreased the standard settlement cycle for most broker-dealer transactions in securities from two business days after the trade date (T+2) to one business day after the trade date (T+1) (15c6-1(a)).

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