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ARTICLE · 20 FEBRUARY 2024

Third Time's A Charm? SEC & CFTC Finalize Amendments To Form PF

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On February 8, the SEC and CFTC jointly adopted amendments to Form PF, the confidential reporting form for certain registered investment advisers to private funds.

United StatesTechnology
Adam Bolter
Adam Bolter
Robert Bourret
Robert Bourret
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On February 8, the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) jointly adopted amendments to Form PF, the confidential reporting form for certain registered investment advisers to private funds. Form PF's dual purpose is to assist the SEC's and CFTC's regulatory oversight of private fund advisers (who may be both SEC-registered investment advisers and also registered with the CFTC as commodity pool operators or commodity trading advisers) and investor protection efforts, as well as help the Financial Stability Oversight Council monitor systemic risk. In addition, the SEC entered into a memorandum of understanding with the CFTC to facilitate data sharing between the two agencies regarding information submitted on Form PF.

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