# kaal:claim:2150377-024

**Claim.** The time burden of complying with all federal rules applicable to hedge fund advisers has a median of 500 hours per year, with three quarters of respondents at 750 hours or less and a quarter above that, so the burden distribution is skewed rather than uniform.

**Type.** empirical  **Support.** evidenced

**Holds when.**

- respondents to survey Question 6.a.ii
- compliance with all federal rules including Treasury, SEC, and CFTC

**Source quote.**

> The median response was 500 hours per year. Seventy-five percent of respondents believed the federal rules would take 750 hours or less each year. On the other hand, 25% indicated the federal rules would require more than 750 hours.

**From.** Wulf A. Kaal, *Hedge Fund Manager Registration Under the Dodd-Frank Act* (2012), C. Compliance Cost

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

**Verify.** sha256 of source PDF `0b58bb409cac7674d78515f5374096f9a349de3bbd1983c990e0edc85a635a09` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202012%20-%20Hedge%20Fund%20Manager%20Registration%20Under%20the%20Dodd-Frank%20Act.pdf

**Topics.** compliance, empirical-evidence, private-funds

**Keywords.** compliance-hours, regulatory-burden, survey-results, hedge-fund-advisers, federal-rules

**Related claims.**

- extended_by: https://wulfkaal.github.io/claims/2739479-026

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