# kaal:claim:2470008-001

**Claim.** The SEC data collected from private fund advisers feeds every stage of the FSOC's systemic risk assessment, and the FSOC leans most heavily on precisely those disclosure items that are the most problematic.

**Type.** failure  **Support.** argued

**Holds when.**

- private fund advisers reporting under SEC Form PF
- FSOC systemic risk assessment of nonbank financial companies

**Source quote.**

> The author shows that while the SEC's data plays a crucial role in all stages of FSOC's systemic risk assessment of private fund advisers, the FSOC relies most heavily on some of the most problematic disclosure items collected by the SEC.

**From.** Wulf A. Kaal, *The Systemic Risk of Private Funds after the Dodd-Frank Act* (2014), ABSTRACT

**Cite as.** Wulf A. Kaal, The Systemic Risk of Private Funds after the Dodd-Frank Act (2014). SSRN: https://ssrn.com/abstract=2470008

**Verify.** sha256 of source PDF `5f68a401c935527d89658171e9b48a4d186710459aaf2bdbead755507394e8c9` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202014%20-%20The%20Systemic%20Risk%20of%20Private%20Funds%20after%20the%20Dodd-Frank%20Act.pdf

**Failure mode.** Reliance concentrated on weakest data  (family: data-quality-and-comparability)

**Topics.** private-funds, systemic-risk, risk-and-incentives

**Keywords.** form-pf, fsoc, systemic-risk, data-quality, private-funds

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/2998097-022
- extended_by: https://wulfkaal.github.io/claims/2998097-021
- extends: https://wulfkaal.github.io/claims/2348463-022
- extended_by: https://wulfkaal.github.io/claims/2998097-014

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.