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Proposed Amendments to Form PF: "The amendments will require large hedge fund advisers and all private equity fund advisers to file current reports upon the occurrence of certain reporting events that could indicate significant stress"

Source: https://www.sec.gov/files/ia-6297-fact-sheet.pdf * Final Rule Press Release: https://www.sec.gov/news/press-release/2023-86 The Securities and Exchange Commission today adopted amendments to Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds. The amendments are designed to enhance the ability

Commissioner Hester M. Peirce on Amendments to Form PF: "The additional information may tempt regulators to intervene in markets in ways that would undermine long-term market resilience and exceed jurisdictional bounds."

"Accordingly, I cannot support the rule." https://www.sec.gov/news/statement/peirce-statement-form-pf-050323 Thank you, Chair Gensler. This expansion of Form PF data collection is the latest reflection of the Commission’s unquestioning faith in the Benevolent Power of More, a faith that I do not share. We

Commissioner Hester M. Peirce on proposed share repurchase disclosure modernization: "Despite this commendable and much needed change, I cannot support a rule that mandates immaterial disclosures without sensible exemptions. Accordingly, I dissent."

https://www.sec.gov/news/statement/peirce-statement-share-repurchase-disclosure-modernization-050323 While you are here, can you guess what Hester Peirce is ALSO against????? She CANNOT support requiring large hedge fund advisers to file a current report as soon as practicable, but no later than 72 hours from the occurrence of one or more

OPEN for comment, collection for Rule 611. Without this collection of information, respondents would not have a means to enforce compliance with SEC’s intention to prevent internalizers trade-throughs

trade-throughs is execution of a transaction in its market at a price that is inferior to a bid in another market. Source: https://public-inspection.federalregister.gov/2023-09201.pdf Wut Mean? * The SEC adopted Rule 611 of Regulation NMS under the Exchange Act to require any national securities exchange, national securities

Inflation Alert! Federal Reserve issues FOMC statement: the Committee decided to raise the target range for the federal funds rate to 5 to 5-1/4 percent.

Source: https://www.federalreserve.gov/newsevents/pressreleases/monetary20230503a.htm Economic activity expanded at a modest pace in the first quarter. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated. The U.S. banking system is sound and resilient. Tighter credit conditions

Report to the Secretary of the Treasury: "Treasury’s current cash balance of $238 billion is already well below TBAC recommended levels, and significantly below what even the nation’s largest banks hold in available liquidity..."

"Treasury’s current cash balance of $238 billion is already well below TBAC recommended levels, and significantly below what even the nation’s largest banks hold in available liquidity despite managing significantly smaller balance sheets." Source: https://home.treasury.gov/news/press-releases/jy1461 May 3, 2023 May 2,

SEC Alert! SEC Reopening of Comment Period for Modernization of Beneficial Ownership Reporting. The Proposed Amendments also would deem holders of certain cash settled derivative securities as beneficial owners of the reference equity securities

Source: https://public-inspection.federalregister.gov/2023-09454.pdf As described more fully in the Proposing Release, the Commission proposed to amend certain rules to modernize the beneficial ownership reporting requirements. 4 The Proposed Amendments would, among other things: 1. Revise the Rule 13d-1(a) filing deadline for the initial Schedule 13D