Odaily News SEC Chairman Paul Atkins said he hopes SEC staff will consider narrowing the scope of data private fund advisers must provide to regulators in upcoming regulations. The deadline to comply with new data reporting requirements will be pushed back to Oct. 1 from June 12. But more limited data collection could be a bigger win for hedge funds and private equity firms. Atkins is concerned about whether the Trump administration's use of data is "commensurate with the enormous burden it is imposing." He has asked staff to conduct a "comprehensive review" of the increased data collection requirements during the tenure of former SEC Chairman Gary Gensler. Private fund advisers pointed to challenges, including technology, to meet this week's deadline. SEC staff said at a June 11 committee meeting that many funds would have had more than two months to actually start submitting the new data.