FAQ


 Form PF Sections

Certain sections within Form PF will display based on the fund type(s) reported on Form ADV.

The fund type is based on responses to Form ADV Schedule D, Section 7.B.(1), question 10.

Please review the Form PF General Instructions to determine whether or not a section displayed is required to be filed.

  •     Section 1a – Information about you and your related persons

This section will be displayed for all fund types.

   Private Fund List

This section will display for all fund types reported on Form ADV.

  •     Section 1b – Information about the private funds you advise

This section will display for all fund types reported on Form ADV.

  •     Section 1c – Information about the hedge funds you advise
This section will only display if hedge funds and/or private funds marked as ?other? were reported on the filing adviser?s Form ADV.
  •     Section 2a – Aggregated information about the hedge funds that you advise

This section always displays, however it is only required to be completed for hedge funds.

  •     Section 2b – Information about the qualifying hedge funds that you advise

This section will only display if hedge funds and/or private funds marked as ?other? were reported on the filing adviser?s Form ADV.

  •     Section 3 – Information about the liquidity funds that you advise

This section will only display if liquidity funds and/or private funds marked as ?other? were reported on the filing adviser?s Form ADV.

  •     Section 4 – Information about private equity funds that you advise

This section will only display if private equity funds and/or private funds marked as ?other? were reported on the filing adviser?s Form ADV.

 

   Form PF Filing Types

There are five Form PF filing types.Certain advisers may be required to file Form PF quarterly or annually, depending on the SEC?s reporting requirements.Draft Form PF filings can remain pending for up to 180 days after they are created.

Draft filings that remain pending for longer than 180 days are automatically deleted and cannot be recovered.

  • You are not a large hedge fund adviser or large liquidity fund adviser. Submit your first Form PF Annual Filing for the period ended: mm/dd/yyyy
          OR
    You are a large hedge fund adviser or large liquidity fund adviser. Submit your first Form PF Quarterly Filing for the period ended: mm/dd/yyyy

 

Choose this filing type to submit you Initial Form PF filing. For advisers filing Form PF for the first time, only these two filing options will display.
OR
Depending on the SEC reporting requirements, select to submit your initial Form PF filing for an Annual or Quarterly reporting period.

  • Submit a Form PF Annual Update filing for the period ended: mm/dd/yyyy

    OR

Submit a Form PF Quarterly Update filing for the period ended: mm/dd/yyyy

Choose this filing type to submit your annual or quarterly Form PF filing. The system will display the Annual or Quarterly Update filing option based on the adviser?s Initial or Transition (if applicable) Form PF filing.
or Transition (if applicable) Form PF filing.

  • Submit a Form PF Amendment to a previously submitted PF filing for the period ended: mm/dd/yyyy
Choose this filing type to edit fund information previously submitted via Form PF for a particular reporting period.
  • Transition to Annual Reporting

Choose this filing type to notify the SEC of your transition from Quarterly to Annual reporting.

  • Submit a Form PF Final Filing

Choose this filing type if your firm is no longer required to submit Form PF and this is will be your last Form PF filing.

 

  What sort of Data is Required?

– Form PF and related solutions will require various types of data.

– The data requirements for each are very intensive.

– Typically your data should Cover information related to the Fund, Ownership, transactions, positions, creditors, Performance,
fund accounting, counterparties among others.

– Our solution comes with a data warehouse solution.

– This helps you accumulate data From various sources and snapshot data so that you can go back to satisfy audit requirement.

  How do I review Progress of forms to be completed

Each product provides a dashboard from which users can visually see progress of each form.
System includes scheduler and timer features which enable you to receive notification Of filing deadlines etc.
Each form is further divided into tasks/activities and you can see progress of each section.
Users can also run reports that indicate current status including tasks/items completed and generate a list of pending items.

 

  How do I verify the accuracy of forms completed?

Within our solution, accuracy of the forms is ascertained with the mock filing process.
Once a compliance officer is reasonably certain that they have completed Required details, he can initiate the mock filing process.
With this process All field level and logical validation is completed as if the form is being Sent to IARD, however the form is not actually sent to IARD.

  Where do I get help?

IARD the electronic filing repository for form PF.
Form PF submissions occur within a subcomponent of IARD and are called PFRD.
For further information refer to url

   How do I enroll in IARD?

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To Guide you through this process. call, email or tweet us anytime.


 

Technical support available via e-mail.
Please mail to support@ragini.com