{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/2715083-032",
 "identifier": "kaal:claim:2715083-032",
 "text": "The Volcker Rule cuts banks off from direct hedge fund investment and thereby pushes them toward accessing hedge fund strategies through retail alternative funds, a shift that could be substantial given banks' prior role as major hedge fund investors.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Kaal, Confluence of Mutual and Private Funds (2016). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2715083",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "Confluence of Mutual and Private Funds",
  "datePublished": "2016",
  "url": "https://ssrn.com/abstract=2715083",
  "sha256": "b5c92186260d4a8499a14f81ee24ace093b24e7740af3effcd1c526fa4fa221e",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202016%20-%20Confluence%20of%20Mutual%20and%20Private%20Funds.pdf"
 },
 "keywords": [
  "systemic-risk"
 ],
 "about": [
  "volcker-rule",
  "bank-investment",
  "retail-alternatives",
  "dodd-frank"
 ],
 "abstract": "By limiting banks' investments in derivatives and the hedge funds they sponsor,57 the Dodd-Frank Act limits access to hedge fund investments but incentivizes banks to access hedge fund strategies using a retail alternative fund.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "mechanism"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "argued"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": [
    "bank holding companies after July 21, 2015",
    "Dodd-Frank section 619 and related derivatives limits"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": false
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/be3d611429c7054d33a7df7eca87edc189a5529e1bc26e77a23475c69ead01bf.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": []
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "be3d611429c7054d33a7df7eca87edc189a5529e1bc26e77a23475c69ead01bf",
 "canonicalForm": "https://wulfkaal.github.io/claims/2715083-032.md"
}