# kaal:claim:2714974-012

**Claim.** The most pressing problem with Form PF identified by the majority of SEC registered hedge fund advisers is not the volume of data but the ambiguity of the data reporting requirements themselves.

**Type.** failure  **Support.** evidenced

**Holds when.**

- based on survey responses from SEC registered hedge fund advisers

**Source quote.**

> The majority of SEC-registered hedge fund advisers identified the ambiguity of Form PF data reporting requirements as the most pressing issue (Kaal 2016b).

**From.** Kaal and Oesterle, *The History of Hedge Fund Regulation in the United States* (2016), Hedge Fund Mandatory Disclosure, page 13

**Cite as.** Kaal and Oesterle, The History of Hedge Fund Regulation in the United States (2016). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2714974

**Verify.** sha256 of source PDF `7764601d3ed5bb056b58949e8411eff9dfb9855f143719062030c980c5fa801b` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20and%20Oesterle%20-%202016%20-%20The%20History%20of%20Hedge%20Fund%20Regulation%20in%20the%20United%20States.pdf

**Failure mode.** Ambiguous reporting requirements  (family: definitional-ambiguity)

**Topics.** private-funds, disclosure, empirical-evidence

**Keywords.** form-pf, regulatory-ambiguity, disclosure, empirical-evidence

**Related claims.**

- restates: https://wulfkaal.github.io/claims/2447306-023
- restates: https://wulfkaal.github.io/claims/2447306-022
- restates: https://wulfkaal.github.io/claims/2348463-007
- extends: https://wulfkaal.github.io/claims/2470008-029

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