In the wake of the 2008 financial crisis, the US SEC introduced Form PF, the regulatory reporting standard for private funds. The SEC has now proposed the most sweeping expansion of the Form PF reporting requirements since the rule’s inception.
What does this mean for hedge and private equity funds subject to Form PF reporting? These expanded requirements will add significantly to the burden on internal resources and costs of compliance. SS&C estimates a 35% workload increase for quarterly filers and 20% for firms filing annually.
Download our brochure to learn more about the major Form PF changes and how to reduce the risks and burdens associated with Form PF.