Deep Tide TechFlow news: On April 20, according to Bloomberg, the U.S. SEC and CFTC jointly proposed to reduce hedge fund reporting requirements, intending to remove the reporting obligations for smaller-scale advisors, and to raise the Form PF reporting threshold for private fund management assets from $150 million to $1 billion. The two agencies said that the data collected through Form PF will be kept confidential and used for examinations and investigations targeting private fund advisors.