On June 8, 2012, the SEC released initial Frequently Asked Questions relating to Form PF. The initial FAQs discuss a variety of items, including treatment of commodity pools, the definition of a “hedge fund,” treatment of funds of funds and aggregation of a related person’s clients. We have been informed that the SEC will add to these FAQs from time to time, to address additional interpretive issues. The SEC’s FAQs can be found here.
More information can be found here
in our Alert relating to Form PF.