Back to today’s briefing

Story perspectives

SEC and CFTC Propose Major Reporting Changes for Private Funds

4/21/2026

50 9 Full Breakdown

Summary

Story summary

On April 20, 2026, the SEC and CFTC proposed amendments to Form PF to reduce reporting burdens for private fund advisers.
The filing threshold for private fund assets rises from $150 million to $1 billion, exempting many smaller advisers.
The proposal seeks to streamline reporting while preserving oversight of systemic risk, per SEC Chairman Paul S. Atkins.
The public comment period lasts 60 days after Federal Register publication.

1 of 1

Story summary

On April 20, 2026, the SEC and CFTC proposed amendments to Form PF to reduce reporting burdens for private fund advisers.
The filing threshold for private fund assets rises from $150 million to $1 billion, exempting many smaller advisers.
The proposal seeks to streamline reporting while preserving oversight of systemic risk, per SEC Chairman Paul S. Atkins.
The public comment period lasts 60 days after Federal Register publication.