kaal:claim:2714974-013

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.

Source quote, verbatim
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).
From

Kaal and Oesterle, The History of Hedge Fund Regulation in the United States (2016), Hedge Fund Mandatory Disclosure, p. 13
https://ssrn.com/abstract=2714974 · source PDF

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

Classification

empiricalsupport: evidencedcompliancesecurities-law

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