Hedge funds and private equity advisers with more than $150 million in assets under management that have registered with the SEC as investment advisers will have to begin filing Form PF with the SEC as required by the Dodd-Frank Act. Form PF will be filed electronically through the PFRD system, which is a subsystem of the IARD system. Both systems are managed by FINRA. The PFRD system is now available on a limited basis for user testing purposes. The system will become available for production on or about June 1, 2012.
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