kaal:claim:2470008-028

The substantive defects in Form PF data are the ambiguity of several key questions, inaccurate definitions paired with insufficient SEC guidance, and difficulty aggregating the required information.

Source quote, verbatim
Core substantive issues with Form PF include: the ambiguity of several key questions on Form PF, the inaccuracy of Form PF definitions and corresponding insufficiency of SEC guidance for Form PF, and difficulties in aggregating the required Form PF information.
From

Wulf A. Kaal, The Systemic Risk of Private Funds after the Dodd-Frank Act (2014), 1. Sub-optimality of Systemic Risk Data
https://ssrn.com/abstract=2470008 · source PDF

Cite as

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

Holds when
Classification

failuresupport: evidencedfailure: Ambiguity, bad definitions, aggregation difficultyfamily: definitional-ambiguityprivate-fundssecurities-law

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