kaal:claim:2447306-032

For a substantial minority, existing systems fail Form PF for a specific reason: 34.78 percent of respondents said their internal reporting systems were insufficient because the required answers demand further analysis and calculation beyond what the systems already produce.

Several respondents (34.78%) opined that their existing internal reporting systems were insufficient to respond to questions on Form PF because they require further analysis and calculations.

Wulf A. Kaal, Private Fund Disclosures Under the Dodd-Frank Act (2014), VI. Discussion and Conclusion, 1. Summary of Key Findings, p. 39
https://ssrn.com/abstract=2447306 · source PDF

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

• responses to survey Question 15 and follow-up 15b

failuresupport: evidencedfailure: reporting-system-mismatchfamily: disclosure-cost-and-burdendisclosureprivate-fundscomplianceempirical-evidence

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