Akerman Investment Funds Practice Chair Christopher Mendez was quoted in Hedge Fund Law Report's article "Proposed Form PF Amendments: Reduced Reporting Requirements for Fund Managers (Part One of Two)," discussing the significance of the SEC and CFTC's jointly proposed amendments to Form PF and their potential impact on private fund managers.
The article, the first in a two-part series, examines the April 2026 proposal, which would raise the Form PF filing threshold from $150 million in assets under management (AUM) to $1 billion and increase the "large hedge fund adviser" threshold from $1.5 billion to $10 billion in hedge fund AUM, among other changes designed to reduce compliance burdens and refocus Form PF on its core purpose of monitoring systemic risk.
Christopher noted that the proposal stands out as a rare and significant development for fund managers. He said, "The Proposal is pretty meaningful because it is one of those rare SEC proposals that actually could reduce regulatory burdens on fund managers to a significant degree."
Christopher's commentary reflects the strength of Akerman's Investment Funds Practice, which advises private fund managers on regulatory compliance, fund formation, and a broad range of investment management matters.