SEC Adopts New Rule on Reporting by Private Fund Advisers
Reynolds Holding
FEBRUARY 8, 2024
Systemic risk from the banking and non-bank sectors alike spilled out into the broader economy. In response to the 2008 crisis, Congress mandated that the SEC and the Commodity Futures Trading Commission (CFTC) adopt rules to establish reporting requirements for private funds. Thus, the two commissions jointly adopted Form PF in 2011.
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