kaal:claim:2389423-010

Because there is no evidence of an inverse relationship between adviser size and per-unit compliance cost, industry concerns over the effect of Title IV compliance cost and possible barriers to entry for smaller funds and startups appear unjustified.

Accordingly, industry concerns over the effect of Title IV compliance cost and possible barriers to entry for smaller funds and startups seem to be unjustified.

Wulf A. Kaal, The Impact of Dodd-Frank Act Compliance Cost on the Hedge Fund Industry (2014), p. 5
https://ssrn.com/abstract=2389423 · source PDF

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

• hedge fund advisers in the 2012 survey sample

empiricalsupport: arguedrisk-and-incentivescomplianceprivate-funds

• contested_by kaal:claim:2998097-018 Because Title IV compliance costs bring increasing returns to scale and therefore favor larger firms, Title IV...
• contests kaal:claim:2150377-033 Respondents identified the creation of barriers to entry as an industry level effect of the registration and d...
• contested_by kaal:claim:2714974-040 Higher compliance costs from hedge fund regulation can create barriers to entry for new market entrants and ca...

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