kaal:claim:2715083-016

Freedom from significant regulatory oversight is what historically enabled hedge funds to run more exotic, more leveraged strategies aimed at absolute returns.

Source quote, verbatim

Without significant regulatory oversight, hedge funds were able to employ more exotic investment strategies involving more leverage to generate absolute returns for their investors.

From

Kaal, Confluence of Mutual and Private Funds (2016), IV.2 Regulation, p. 13
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

hedge funds operating under securities law safe harbors before the Dodd-Frank Act

Classification

mechanismsupport: arguedregulatory-failureprivate-funds

Related claims

restates kaal:claim:2150377-001 Freedom from supervision and disclosure obligations was functional rather than incidental for hedge funds: it ...

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