kaal:claim:2447306-017

The SEC's error runs in the opposite direction for small advisers on recurring filings: the agency marginally underestimated the cost of subsequent Form PF filings for annually filing smaller private fund advisers.

Source quote, verbatim

The cross-comparison suggests that the SEC may be marginally underestimating the cost of Form PF filings for annually filing smaller private fund advisers.

From

Wulf A. Kaal, Private Fund Disclosures Under the Dodd-Frank Act (2014), V. Results, 1. Form PF Compliance Cost, p. 21
https://ssrn.com/abstract=2447306 · source PDF

Cite as

Wulf A. Kaal, Private Fund Disclosures Under the Dodd-Frank Act (2014). SSRN: https://ssrn.com/abstract=2447306

Holds when

subsequent Form PF filings by annually filing smaller advisers

Classification

empiricalsupport: evidencedsecurities-lawcomplianceprivate-funds

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