# kaal:claim:2150377-030

**Claim.** The incidence of Dodd-Frank compliance cost falls on the management company rather than the fund: the responses indicate that the management company bears the brunt of registration and disclosure costs, and whether and how those expenses will be passed to investors over time is unclear.

**Type.** mechanism  **Support.** argued

**Holds when.**

- the pool of respondents in this study
- short run, within months of the registration effective date

**Source quote.**

> In the pool of respondents for this study, the responses seem to indicate that it is the management company that bears the brunt of costs associated with the registration and disclosure requirements. It is unclear whether and how the increased expenses will be passed on to investors over time.

**From.** Wulf A. Kaal, *Hedge Fund Manager Registration Under the Dodd-Frank Act* (2012), F. Investment Management Company

**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

**Keywords.** cost-incidence, management-company, compliance-cost, investor-returns, survey-results

**Related claims.**

- supported_by: https://wulfkaal.github.io/claims/2732915-035
- supported_by: https://wulfkaal.github.io/claims/2816408-010
- supported_by: https://wulfkaal.github.io/claims/2739479-036

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