In its second annual staff report (Report) on how the SEC is using information collected in Form PF filings, the staff of the SEC’s Division of Investment Management provided background on the aims of its efforts (includes an Appendix charting updated “census” data reflecting filers as of May 7, 2014), and detailed how the agency is using the information collected on Form PF – for examinations, investigations, risk monitoring, guidance and consultation.  For a summary of the SEC’s first PF filing report, see “SEC’s First Report on Initial Form PF Filings Offers Insight into How the Agency Is Using the Collected Data for Examinations, Enforcement and Systemic Risk Monitoring,” Hedge Fund Law Report, Vol. 6, No. 34 (Aug. 29, 2013).  See also “A Practical Guide to AIFMD Reporting for Non-U.S. Fund Managers: Reporting Under AIFMD versus Form PF,” Hedge Fund Law Report, Vol. 6, No. 20 (May 16, 2013).