The Securities Exchange Committee (SEC) has issued a joint statement with the Commodity Futures Trading Commission (CFTC) to extend the required date of compliance with upcoming changes to Form PF. Impacted firms will now have until 12 June, 2025 to comply with the amendments.
๐๐บ๐ฝ๐ฎ๐ฐ๐๐ฒ๐ฑ ๐ณ๐ถ๐ฟ๐บ๐
The changes affect SEC-registered private fund advisers managing at least $150 million in assets. This includes hedge funds, registered investment advisers (RIAs), private equity firms, as well as commodity pool operators and commodity trading advisers.
๐ช๐ต๐ ๐๐ต๐ฒ ๐ฒ๐ ๐๐ฒ๐ป๐๐ถ๐ผ๐ป?
The SEC granted the extension to give firms more time to adjust to the new reporting requirements and ensure accurate filing, following industry feedback and technical adjustments.
๐๐ผ๐ ๐ฐ๐ฎ๐ป ๐ณ๐ถ๐ฟ๐บ๐ ๐ฝ๐ฟ๐ฒ๐ฝ๐ฎ๐ฟ๐ฒ?
Contact iQuant Solutions to help you use this extra time to:
1. Review the updated Form PF requirements.
2. Assess data requirements and internal reporting systems for necessary compliance.
3. Align teams to ensure smooth data gathering and submission.
https://iquantsolutions.com/contact
