Home / Agencies / SEC / 2023-09775
Final Rule

Form PF; Event Reporting for Large Hedge Fund Advisers and Private Equity Fund Advisers; Requirements for Large Private Equity Fund Adviser Reporting

Agency
Document Number
2023-09775
Published
June 12, 2023
Effective Date
June 11, 2024

Abstract

The Securities and Exchange Commission ("SEC" or "Commission") is adopting amendments to Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds to require event reporting upon the occurrence of key events. The amendments also require large private equity fund advisers to provide additional information to the SEC about the private equity funds they advise. The reporting requirements are designed to enhance the Financial Stability Oversight Council's ("FSOC") ability to monitor systemic risk as well as bolster the SEC's regulatory oversight of private fund advisers and investor protection efforts.

Federal Register Source

This document is published by the Office of the Federal Register, National Archives and Records Administration. Access the full regulatory text, preamble, and docket comments below.

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Frequently Asked Questions

What is the 2023-09775 Federal Register document?
Document 2023-09775 is a Final Rule published by the Securities and Exchange Commission in the Federal Register on June 12, 2023, with an effective date of June 11, 2024. The Securities and Exchange Commission ("SEC" or "Commission") is adopting amendments to Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds to require event reporting upon the occurrence of key events. The amendments also require large private equity fund advisers to provide additional information to the SEC about the private equity funds they advise. The reporting requirements are designed to enhance the Financial Stability Oversight Council's ("FSOC") ability to monitor systemic risk as well as bolster the SEC's regulatory oversight of private fund advisers and investor protection efforts. View the original at https://www.federalregister.gov/documents/2023/06/12/2023-09775/form-pf-event-reporting-for-large-hedge-fund-advisers-and-private-equity-fund-advisers-requirements.
Is document 2023-09775 an economically significant rule?
No. Document 2023-09775 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.
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