Earlier this year, the US Securities and Exchange Commission (SEC) proposed amendments to Form PF that would require large hedge fund advisers and all private equity advisers to file a report within one business day of certain stress events. Barely eight months later, the SEC, along with the US Commodity Futures Trading Commission, proposed another set of amendments to Form PF (the Proposal).
In the first of a two-part series for Hedge Fund Law Report, partner Christine Lombardo provides an overview of the Proposal and its five goals.
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