Forbes – The regulatory focus on hedge funds continued during the first quarter of 2012, as new iniatives continued to roll out, and milestones in\u00a0the implementation of\u00a0rules put on the books last year were hit.<\/p>\n
For \u201clarge\u201d hedge funds, we see the summer deadline for filing the Form PF looming large. Required by the Dodd-Frank Act, the Form PF asks for a vast amount of information on hedge fund positions, exposure and risk. While the information will only be available to the government for \u201crisk oversight\u201d purposes, large filers are not only\u00a0preparing the form itself right now, they are analyzing how to respond to the inevitable requests from investors for the information they provided on the form.\u00a0 While smaller hedge funds have a first filing date in early 2013, they will\u00a0face similar questions from investors\u00a0(but a smaller form requiring less information).<\/p>\n