The regulatory proposals that appeared soon after LTCM did not adequately take valuation problems into account.
Source quote, verbatim
The regulatory proposals appearing soon after LTCM did not adequately take valuation problems into account.
From
Kaal, Hedge Fund Valuation Retailization, Regulation, and Investor Suitability (2009), IV.A Regulatory Recognition of Retailization, p. 23 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
regulatory proposals issued shortly after the LTCM collapse
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