kaal:claim:1428387-038

Recent SEC proposals to toughen the numerical wealth requirements for hedge fund investing fail, because they do not ascertain the appropriate level of sophistication or adequate understanding of highly complex financial instruments.

Source quote, verbatim
Recent proposals by the SEC to toughen the numeracy wealth requirements for hedge fund investing fail to ascertain the appropriate level of sophistication and adequate understanding of highly complex financial instruments.
From

Kaal, Hedge Fund Valuation Retailization, Regulation, and Investor Suitability (2009), VII. Conclusion, p. 57
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
Classification

failuresupport: arguedfailure: numeracy-threshold-failurefamily: investor-protection-gapsecurities-law

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