kaal:claim:2150377-002

The immediate deregistration of hedge fund advisers following Goldstein v. SEC is revealed-preference evidence of the industry's opposition to registration and disclosure requirements, not merely a technical response to the vacatur.

The advisers' decision to deregister in 2006 seems to confirm the industry's opposition to registration and disclosure requirements.

Wulf A. Kaal, Hedge Fund Manager Registration Under the Dodd-Frank Act (2012), I. INTRODUCTION
https://ssrn.com/abstract=2150377 · source PDF

Wulf A. Kaal, Hedge Fund Manager Registration Under the Dodd-Frank Act (2012). SSRN: https://ssrn.com/abstract=2150377

• advisers who had registered under the SEC's 2004 rule
• 2006, immediately after the Goldstein decision

empiricalsupport: arguedsecurities-lawprivate-funds

• restated_by kaal:claim:2732915-008 After the D.C. Circuit vacated the SEC's 2004 hedge fund adviser registration rule in Goldstein v. SEC, the ov...
• restated_by kaal:claim:2739479-002 The SEC's 2004 attempt to require hedge fund adviser registration failed: after the D.C. Circuit vacated the r...

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