Fried Frank
Fried Frank
Fried Frank
Fried Frank
Fried Frank Fried Frank
New York Fried Frank Washington DC Fried Frank London Fried Frank Paris Fried Frank Frankfurt Fried Frank Fried Frank
Search
Fried Frank
Set Type Size
Fried Frank
Fried Frank
About Us Fried Frank Practices & Industries Fried Frank Attorneys Fried Frank Offices Fried Frank Media Center Fried Frank Events and Publications Fried Frank Careers Fried Frank Alumni Fried Frank Contacts
Fried Frank
Fried Frank Fried Frank Fried Frank
Fried Frank Fried Frank
Fried Frank
Fried Frank
SEC Approves Private Fund Risk Reporting Rule
October 28, 2011


By: Jessica Forbes, Gregory P. Gnall

On October 26, 2011, the Securities and Exchange Commission ("SEC") adopted a new rule (the "Reporting Rule") requiring advisers to private funds, including hedge funds, private equity funds, real estate funds and funds of funds, to periodically report information on a confidential basis on Form PF to the Financial Stability Oversight Council ("FSOC") in order for the FSOC to evaluate systemic risk in the U.S. financial markets. The Commodity Futures Trading Commission ("CFTC") is expected to approve a companion rule within the next week for commodity pool operators and commodity trading advisers registered with the CFTC.  The content of the report depends on the type of fund, and the timing of the reporting depends on the type of fund and the amount of assets under management of the adviser.  The text of the rule has not yet been released by the SEC.
Additional Information
View PDF
 
Fried Frank
Fried Frank
Fried Frank