Regulatory reporting updates affecting funds operating in North America, including SEC and CFTC requirements.
Monthly Updates
Last Updated: 31/03/2025
| Sub Category | Earliest Adoption Date (Can Apply) | Latest Adoption Date (Must Apply) | Update Title | Short Description | Details | FA Product Impact | Status | FA Outreach | Source Link |
|---|---|---|---|---|---|---|---|---|---|
| Form PF | June 12 2025 | Form PF: Reporting Requirements for All Filers and Large Hedge Fund Adviser | Impacting Section 1 and Section 2 of the form: SEC and CFTC adopting amendments to Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds with ability to monitor systemic risk as well as bolster the SEC’s regulatory oversight of private fund advisers and investor protection efforts | Analysis underway: SEC published draft XML for review for multiple changes to the form that includes option to report digital assets as well as provide more detail on reporting on investment strategies, granularity on borrowing and financing arrangements with counterparties, dollar value of each hedge fund’s long and short positions, Report on open and large positions. Section 2 will require additional exposure reporting on net long/short values arising from the use of FX derivatives, values of turnover on certain asset classes, as well as country and industry sectors. | YES - Form PF Reporting XML to be built and updated as per the final guideline | Analysis in Progress | YTD |