kaal:claim:2715083-002

Regulatory convergence is not driven only by tightened post crisis rules: the liberalization of advertising restrictions after the Dodd-Frank Act also pushes hedge funds toward mutual fund form, so deregulation and reregulation work in the same convergent direction.

Source quote, verbatim

This is not just a result of more stringent regulations enacted via the Dodd-Frank Act in the aftermath of the financial crisis; the liberalization of the advertising restrictions post Dodd-Frank Act also makes hedge funds more like mutual funds.

From

Kaal, Confluence of Mutual and Private Funds (2016), I. Introduction, p. 3
https://ssrn.com/abstract=2715083 · source PDF

Cite as

Kaal, Confluence of Mutual and Private Funds (2016). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2715083

Holds when

U.S. private fund regulation after Dodd-Frank and the JOBS Act

Classification

mechanismsupport: arguedinstitutional-design

Verify

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