kaal:claim:1428387-008

Because structured debt instruments and over-the-counter derivatives used by hedge funds can be highly complex, the hedge fund manager may be the only person competent to assess their value.

Source quote, verbatim

As structured debt instruments and over-the-counter derivatives used by hedge funds can be highly complex, the hedge fund manager may be the only person who is in a position to competently assess the value. This unique competency is particularly

From

Kaal, Hedge Fund Valuation Retailization, Regulation, and Investor Suitability (2009), II.C Conflict of Interest of the Manager, p. 8
https://ssrn.com/abstract=1428387 · source PDF

Cite as

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

Holds when

for highly complex structured debt and OTC derivatives

Classification

conditionsupport: arguedeconomics

Verify

The quote above is an exact substring of the source PDF, whose sha256 is 6aa3a280dc6750723be2389f3af2aabf3a16c4ce20e49fcdaddd7f2ea95a67aa. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/0fe359199f0e93a3...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/1428387-008.md | sha256sum