Today, the U.S. Securities and Exchange Commission (SEC) voted to extend the compliance date for the February 8, 2024 Form PF amendments to October 1, 2025, contingent on corresponding action by the Commodity Futures Trading Commission (CFTC), which is expected to vote on this soon. This joint extension, once confirmed, Read more…
Two weeks ago, we reminded private fund managers that the extendedย Form PF compliance deadline (June 12, 2025)ย was fast approaching. Many have spent the past year preparing for XML schema updates, expanded data fields, and new reporting requirements. Yet with only two weeks left prior to the implementation deadline, the industry Read more…
The SEC and CFTCโs extended compliance date (June 12, 2025) for the recent Form PF amendments is now only one month away. This extension provided additional time for private fund advisers to implement the necessary operational and technological changes required under the updated Form PF reporting framework. ๐๐ฒ๐ ๐๐ต๐ฎ๐ป๐ด๐ฒ๐ ๐๐ผ Read more…
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 Read more…
As the new rules of the Form PF amendments will come into force on March 12, 2025, the FINRA (โFinancial Industry Regulatory Authorityโ) has published an early draft of the new Form PF XML schema, including a sample XML file. The draft can be found under the following link: https://iard.com/future-pfrd-releases. Read more…
On February 8, 2024, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly adopted amendments to Form PF. Form PF is a reporting form similar to the European AIFMD Annex IV used by SEC-registered private funds such as hedge funds or private equity funds. The Read more…
The SEC has recently published new rules and amendments under the Investment Advisers Act of 1940 (Advisers Act) for registered private fund advisors that going forward are required to: Provide quarterly reports containing detailed information about performance, fees and expenses Conduct an annual audit for each private fund Obtain a Read more…
We are happy to announce that iQuant now also provides a reporting solution for Form PF. Besides AIFMD and Open Protocol (OP), this is another important step on our journey as a full-service provider of data automation and reporting solutions for AIFs, Hedge Funds and Liquid Alternatives. Form PF (Private Read more…
On May 3rd the SEC published new amendments to the Form PF regulation, the US counterpart of AIFMD in Europe. Those amendments mainly concern the reporting frequency of large hedge fund advisers (> $ 1.5 bn), private equity fund advisers (> $ 150 mil) as well as large private equity Read more…