# kaal:claim:1428387-004

**Claim.** Valuation is very likely to become the next major issue for the hedge fund industry, because most jurisdictions lack regulatory oversight of valuation and the industry generally lacks self-discipline and internal controls.

**Type.** predictive  **Support.** argued

**Holds when.**

- absent regulatory oversight
- absent industry self-discipline and internal controls

**Source quote.**

> With the lack of regulatory oversight in most jurisdictions, as well as the general lack of self- discipline and internal controls, valuation is very likely to become the next major issue for the hedge fund industry.13

**From.** Kaal, *Hedge Fund Valuation Retailization, Regulation, and Investor Suitability* (2009), II. The Valuation Problem, page 4

**Cite as.** Kaal, Hedge Fund Valuation Retailization, Regulation, and Investor Suitability (2009). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1428387

**Verify.** sha256 of source PDF `6aa3a280dc6750723be2389f3af2aabf3a16c4ce20e49fcdaddd7f2ea95a67aa` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202009%20-%20Hedge%20Fund%20Valuation%20Retailization%2C%20Regulation%2C%20and%20Investor%20Suitability.pdf

**Topics.** private-funds, economics, risk-and-incentives

**Keywords.** hedge-fund-valuation, regulatory-oversight, internal-controls, industry-risk

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.