First Form PF Deadline No Sweat

Sep 6 2012 | 10:53am ET

The first deadline for hedge funds to register with the Securities and Exchange Commission has come and gone—and gone smoothly, according to Advise Technologies.

The regulatory compliance software company said that the majority of hedge fund successfully filed the new Form PF for the first time. It also said all of its own hedge fund clients filed on time without a glitch.

Hedge funds with more than $5 billion in assets under management had to make the filing by Aug. 29.

"This is the first time hedge funds have had to disclose this level of information, and it's caused a tremendous amount of angst," Doug Schwenk, founder and CEO of Advise, said. "The average fund manager has to produce 20-plus pages of thousands of numbers for Form PF. Instead of tackling it on their own, firms are best served to institute road-tested, quality systems that help make this painful task manageable."

Smaller hedge funds have another two or four months to make their maiden Form PF filings.


In Depth

Q&A: Open Season For Closed-End Funds

Aug 29 2014 | 10:00am ET

When Maury Fertig and Bob Huffman, former Salomon Brothers coworkers, launched...

Lifestyle

Och Funds Women In Finance Initiative At U-M

Aug 28 2014 | 3:01pm ET

Och-Ziff Capital founder Daniel Och and his wife have made a "generous donation"...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

The time was right

Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.