kaal:claim:2348463-018
Bankruptcy and systemic risk disclosure obligations for hedge funds have different origins and serve different purposes: bankruptcy disclosure is meant to level the playing field in the restructuring process, while systemic risk disclosure is meant to help regulators detect and prevent systemic consequences.
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Bankruptcy and systemic risk disclosure obligations for hedge funds have different origins and are intended for different purposes. Bankruptcy disclosures are generally intended to level the playing field in the bankruptcy and restructuring process.
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definitionalsupport: arguedsystemic-riskdisclosurerisk-and-incentives
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