Hedge Fund Disclosure Deadline Delayed Again by SEC, CFTC
US regulators delayed for the fourth time additional hedge fund disclosure requirements that are meant to inform agencies about the financial positions of firms during market turbulence.
The Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have postponed the filing deadline for Form PF until July 1, 2027, marking their fourth delay of additional hedge fund disclosure requirements. These disclosures aim to provide officials with information about potential market conditions that could lead to systemic financial risk, such as counterparty risk, sudden margin calls, or significant adverse events affecting private funds.
The form was amended on February 8, 2024, under the Biden administration to incorporate more stringent requirements. The private funds industry has expressed opposition to the expanded form, citing concerns about sensitive investment strategy data potentially leaking or being hacked. SEC Chairman Paul S. Atkins stated that the Commission staff has been diligently reviewing comments submitted in response to the amendments and making progress.
On April 20, 2026, the two regulators introduced a plan that would significantly alter the type and quantity of data required for filing confidential information under Form PF. One possible change would raise the threshold for filing to $1 billion from the previous $150 million in private fund assets under management. The CFTC argued that extending the compliance date would prevent certain costly implementation issues arising from the subsequent amendments or eliminations proposed by the Commissions, although the proposal remains unfinalized.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
