SEC postpones deadline for updated Form PF, allowing filings until April 30th

The U.S. Securities and Exchange Commission (SEC) recently announced an extension for the compliance date of the Form PF amendments that were approved on February 8, 2024. The new deadline for compliance is now set for June 12, 2025. This extension allows annual filers to submit their 2024 annual amendment filings by April 30, 2025, using the current version of Form PF.

It is crucial to keep in mind that the amendments from February 2024 bring significant changes to the way information is reported on Form PF. These changes include the requirement to report fund structures on a disaggregated basis and introduce new categories of information that must be reported. Quarterly filers, on the other hand, will need to switch to using the updated version of Form PF for submissions made on or after June 12, 2025.

The extension granted by the SEC also does not affect the May 2023 amendments, which entail specific event-based and expanded information reporting requirements. For any inquiries or concerns regarding these changes and extensions, individuals are encouraged to reach out to the Kirkland regulatory attorneys they usually work with.

Norm Champ, P.C., Partner at Kirkland, alongside other professionals like Scott A. Moehrke, P.C., Matthew Cohen, P.C., and more, are well-versed in these regulatory matters and can provide valuable guidance and support in navigating the new compliance dates and reporting requirements. Their expertise and experience in regulatory compliance make them invaluable resources for clients seeking to understand and comply with these regulatory changes.

Overall, the extension of the compliance date for the Form PF amendments provides additional time for filers to adjust to the new reporting requirements and ensure compliance with the SEC regulations. This extension period allows for a smoother transition to the updated version of Form PF and ensures that filers have adequate time to adapt to the changes effectively.

In conclusion, while the new compliance date for the Form PF amendments has been extended to June 12, 2025, it is essential for filers to familiarize themselves with the updated reporting requirements and seek assistance from regulatory attorneys if needed. By staying informed and proactive, filers can navigate these regulatory changes successfully and maintain compliance with SEC regulations.