Dodd-Frank includes a number of provisions requir- ing increased reporting by private fund managers. Pursu- ant to Dodd-Frank, the SEC, in its recent amendments to Form ADV, added a number of items concerning detailed disclosure of various information concerning private funds managed by the registered adviser. In addition, pursuant to a Dodd-Frank mandate that the SEC require private fund advisers to fi le reports for the assessment of systemic risk by the Financial Stability Oversight Council, the SEC has proposed, but not fi nalized, a new Form PF, 79 which will apply to most registered private fund advis- ers, with additional reporting required.
