US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have jointly proposed an amendment to reporting requirements for hedge funds. According to the proposal, a new sub-asset class should be created for digital assets reporting and the reporting would have to distinguish between “digital assets” and “cash and cash equivalents” to ensure more accurate reporting.

For more information see Form PF; Reporting Requirements for All Filers and Large Hedge Fund Advisers at https://www.federalregister.gov/documents/2022/09/01/2022-17724/form-pf-reporting-requirements-for-all-filers-and-large-hedge-fund-advisers

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For over 30 years, Marin Ivezic has been protecting financial services and critical infrastructure against financial crime, cyber, and regulatory risks. He previously held multiple interim CRO, CISO and technology leadership roles in Global 2000 companies. Since 2013 he has been advising institutions and regulators around the world on safe, secure and compliant adoption of crypto assets and other decentralized technologies.