2026-18104RuleWallet

Hedge Funds Get Extra Year to Fill Out Their Paperwork: Yawn

Published Date: 9/3/2026

Rule

Summary

The Commodity Futures Trading Commission (the "CFTC") and the Securities and Exchange Commission (the "SEC") (collectively, "we" or the "Commissions") are further extending the compliance date for the amendments to Form PF that were adopted on February 8, 2024, from October 1, 2026, to July 1, 2027. Form PF is the confidential reporting form for certain SEC-registered investment advisers to private funds, including those that also are registered with the CFTC as a commodity pool operator (a "CPO") or a commodity trading adviser (a "CTA").

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

Form PF Compliance Date Pushed Back

The SEC and CFTC moved the compliance date for the February 8, 2024 Form PF amendments from October 1, 2026 to July 1, 2027. This 9-month extension (effective September 3, 2026) lets advisers avoid or delay costs tied to those amendments while the agencies consider additional changes.

Oversight Data Arrival Delayed

Delaying the Form PF compliance date to July 1, 2027 also delays when the SEC, CFTC, and the Financial Stability Oversight Council (FSOC) would receive the expanded data from the 2024 amendments. If major market events occur during the extension, the agencies say they may forgo benefits from the new information during that period.

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Key Dates

Published Date
Rule Effective
9/3/2026
9/3/2026

Department and Agencies

Department
Independent Agency
Agency
Commodity Futures Trading Commission
Securities and Exchange Commission
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