Investor suitability standards are the author's preferred regulatory option because they would probably protect retail investors' interests without unduly burdening the hedge fund industry and other market participants.
Source quote, verbatim
Investor suitability standards seem the most preferable to this author because they would probably protect the interests of retail investors while at the same time not unduly burdening the hedge fund industry and other market participants.
From
Kaal, Hedge Fund Valuation Retailization, Regulation, and Investor Suitability (2009), VI. Regulatory Options and Potential Alternative, p. 48 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
compared against limiting complex products, raising qualification thresholds, mandating disclosure, and retail-level triggers
Classification
designsupport: arguedinstitutional-design
Related claims
extended_bykaal:claim:2998097-010 Investor suitability standards requiring independent verification of an investor's ability to evaluate complex...
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