Regulators Propose Streamlined Form PF to Ease Private Fund Reporting Burden
The SEC and CFTC jointly proposed amendments to Form PF to reduce private fund reporting burdens by raising filing thresholds from $150 million to $1 billion and increasing the hedge fund exposure threshold from $1.5 billion to $10 billion, while continuing to collect information on most private fund assets and enabling identification of funds active in the private credit market; the changes would also streamline or eliminate many requirements for smaller advisers, with a 60-day public comment period after the Federal Register publication.
