kaal:claim:2389423-001

This study finds no evidence of an inverse relationship between the size of regulated hedge fund advisers and the per-unit cost of compliance, contrary to the common complaint that financial regulation brings increasing returns to scale.

Source quote, verbatim

The author finds no evidence of an inverse relationship between the size of regulated hedge fund advisers and the per-unit cost of compliance.

From

Wulf A. Kaal, The Impact of Dodd-Frank Act Compliance Cost on the Hedge Fund Industry (2014), ABSTRACT, p. 1
https://ssrn.com/abstract=2389423 · source PDF

Cite as

Wulf A. Kaal, The Impact of Dodd-Frank Act Compliance Cost on the Hedge Fund Industry (2014). SSRN: https://ssrn.com/abstract=2389423

Holds when

survey data collected after the March 2012 registration effective date for hedge fund advisers under Title IV
hedge fund advisers, not banks

Classification

empiricalsupport: evidencedcomplianceprivate-funds

Related claims

contested_by kaal:claim:2714974-013 The cost of hedge fund manager registration under the Dodd-Frank Act brings increasing returns to scale for th...

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The quote above is an exact substring of the source PDF, whose sha256 is 6b95323abbaffd00a012589531859f2938ab8b372d0243171059ff82e55a0838. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/5e0aa574ba3094be...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2389423-001.md | sha256sum