{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/2714974-031",
 "identifier": "kaal:claim:2714974-031",
 "text": "Banks are uniquely positioned to discipline hedge fund behavior because their role as lenders, market makers, and product creators lets them use the threat of cutting off future lending as leverage over a fund.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "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",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "The History of Hedge Fund Regulation in the United States",
  "datePublished": "2016",
  "url": "https://ssrn.com/abstract=2714974",
  "sha256": "7764601d3ed5bb056b58949e8411eff9dfb9855f143719062030c980c5fa801b",
  "encoding": "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"
 },
 "keywords": [
  "systemic-risk",
  "defi",
  "economics",
  "private-funds"
 ],
 "about": [
  "indirect-regulation",
  "bank-lending",
  "market-discipline",
  "hedge-funds"
 ],
 "abstract": "Because of their interaction with hedge funds, banks are uniquely positioned to use the threat of cutting off future lending to improve a hedge fund's behavior.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "mechanism"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "argued"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": [
    "depends on banks' ongoing lending and counterparty relationships with the fund"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": false
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/a765352fdecfd83b8c4e458b0572cdd34307ab2ce3eacfe9e38a2dbcef0cd282.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": [
    {
     "rel": "extends",
     "to": "https://wulfkaal.github.io/claims/1806252-011",
     "to_id": "kaal:claim:1806252-011",
     "similarity": 0.492
    },
    {
     "rel": "extends",
     "to": "https://wulfkaal.github.io/claims/2470008-013",
     "to_id": "kaal:claim:2470008-013",
     "similarity": 0.422
    },
    {
     "rel": "supports",
     "to": "https://wulfkaal.github.io/claims/1806252-002",
     "to_id": "kaal:claim:1806252-002",
     "similarity": 0.344
    },
    {
     "rel": "supported_by",
     "to": "https://wulfkaal.github.io/claims/2998097-008",
     "to_id": "kaal:claim:2998097-008",
     "similarity": 0.327
    }
   ]
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "a765352fdecfd83b8c4e458b0572cdd34307ab2ce3eacfe9e38a2dbcef0cd282",
 "canonicalForm": "https://wulfkaal.github.io/claims/2714974-031.md"
}