The cost of hedge fund manager registration under the Dodd-Frank Act brings increasing returns to scale for the industry, meaning compliance burdens fall disproportionately on smaller advisers.
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Kaal shows that the cost of hedge fund manager registration under the Dodd-Frank Act brings increasing returns to scale for the industry (Kaal 2016a).
contestskaal:claim:2389423-001 This study finds no evidence of an inverse relationship between the size of regulated hedge fund advisers and ...
extendskaal:claim:2389423-015 Prior work shows that registration and the increased compliance requirements under the Dodd-Frank Act only mar...
contestskaal:claim:2389423-038 There is no evidence that private fund adviser regulation in Title IV of the Dodd-Frank Act increases returns ...
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