SEC and CFTC Extend Compliance Deadline for Form PF Amendments

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Mayer Brown Free Writings + Perspectives

[co-author: Carlos Juarez]*

The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have extended the compliance deadline for the amendments to Form PF, moving it from March 12, 2025 to June 12, 2025.

The SEC adopted amendments to Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds, including those that also are registered with the CFTC as commodity pool operators (CPOs) or commodity trading advisers (CTAs), on February 8, 2024. The amendments aim to enhance the Financial Stability Oversight Council’s (FSOC) risk assessment capabilities and strengthen regulatory oversight of private fund advisers.

By extending the compliance date, the SEC and CFTC are allowing affected firms additional time to update reporting systems, address technical challenges, and manage associated costs. The extension also provides firms with a longer adjustment period to ensure compliance with the revised reporting requirements.

Read the final rule extending the deadline and the final amendments to Form PF.

*Practice Administrator

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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