# kaal:claim:1806252-004

**Claim.** Asymmetric hedge fund regulation, in which Dodd-Frank and the AIFM Directive regulate banks and hedge funds separately and differently, is counterproductive.

**Type.** failure  **Support.** argued

**Holds when.**

- US and EU hedge funds operate in the same markets with similar strategies

**Source quote.**

> Asymmetric hedge fund regulation in Dodd—Frank and the AIFM Directive is counterproductive.

**From.** Kaal, *Hedge Fund Regulation Via Basel III* (2011), VII. CONCLUSION, page 75

**Cite as.** Kaal, Hedge Fund Regulation Via Basel III (2011). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1806252

**Verify.** sha256 of source PDF `3343ebfe05a925c3d1a75625c4b351ccff515c50819a48d155804daacf01429d` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202011%20-%20Hedge%20Fund%20Regulation%20Via%20Basel%20III.pdf

**Failure mode.** asymmetric-regulation  (family: other)

**Topics.** dynamic-regulation

**Keywords.** asymmetric-regulation, dodd-frank, aifm-directive, regulatory-design

**Related claims.**

- extended_by: https://wulfkaal.github.io/claims/3405660-005
- extended_by: https://wulfkaal.github.io/claims/3405660-022

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