SEC Implements New Rules for Private Fund Reporting and Disclosures.

The SEC has adopted amendments to Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds, to enhance the ability of the Financial Stability Oversight Council (FSOC) to assess systemic risk and to bolster the Commission’s oversight of private fund advisers and its investor protection efforts. The amendments will require large hedge fund advisers and all private equity fund advisers to file current reports upon the occurrence of certain reporting events that could indicate significant stress at a fund or investor harm. The amendments will become effective six months after publication of the adopting release in the Federal Register.