CFTC and SEC invite public comments on crypto rules

The US Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) have asked for public comments to amend crypto rules for large hedge fund advisers.

Both independent agencies of the US government are proposing amending the rules of Form PF, a confidential reporting form for SEC-registered investment advisers to private funds.

The aim of the amendments is to improve the Financial Stability Oversight Council’s capacity to “monitor systemic risk” as well as “bolster the SEC’s regulatory oversight of private fund advisers and investor protection efforts”.

“We also are soliciting comment on the proposed rules and a number of alternatives, including whether certain possible changes to the proposal should apply to Form ADV”, the CFTC and SEC said.

The deadline to receive the public comments ends on October 11.

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Source

Updated: 09/02/2022 — 14:00