kaal:claim:2389416-004

Strategic behavior by fund advisers around the assets under management registration threshold produces a strong increase in the measured discontinuity at that threshold.

Strategic actions by fund advisers lead to a strong increase in the discontinuity around the AUM registration threshold.

Wulf A. Kaal, Barbara Luppi, Sandra Paterlini, Did the Dodd-Frank Act Impact Hedge Fund Performance (2014), ABSTRACT
https://ssrn.com/abstract=2389416 · source PDF

Wulf A. Kaal, Barbara Luppi, Sandra Paterlini, Did the Dodd-Frank Act Impact Hedge Fund Performance (2014). SSRN: https://ssrn.com/abstract=2389416

• advisers whose AUM floats above and below $150 million
• months May through August 2012

mechanismsupport: evidencedrisk-and-incentivesregulatory-failureresearch-methodsprivate-funds

• extends kaal:claim:2150377-028 Where the Form PF quarterly reporting threshold does influence behavior, it distorts fund size downward: a maj...
• supported_by kaal:claim:2389423-028 The clear majority of respondents prefer an asset size above the $150 million AUM registration threshold after...

The quote above is an exact substring of the source PDF, whose sha256 is 0e1c4615b104821577498d9655de43b9c5c3e985bb0215f56c038b8232be65c3. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/32ec216a9388b0a8...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2389416-004.md | sha256sum