kaal:claim:2732915-016

A 2013 survey found that Form PF compliance costs for first time filers were under $10,000 for 59.18 percent of respondents, while subsequent annual Form PF filings cost no more than $5,000 for 57.14 percent of respondents.

While Form PF compliance costs for first time filers were under $10,000 (59.18% of respondents), the cost of subsequent annual Form PF filings amounted to no more than $5,000 (57.14% of respondents),

Wulf A. Kaal, The Private Fund Industry Five Years after the Dodd-Frank Act – A Survey Study (2016), II. Dodd-Frank Act Reform of the Private Fund Industry, p. 14
https://ssrn.com/abstract=2732915 · source PDF

Wulf A. Kaal, The Private Fund Industry Five Years after the Dodd-Frank Act – A Survey Study (2016). SSRN: https://ssrn.com/abstract=2732915

• 2013 survey of private fund advisers
• larger quarterly filers incurred substantially higher costs

empiricalsupport: evidencedprivate-fundscomplianceempirical-evidencedisclosure

• extends kaal:claim:2447306-012 Initial Form PF compliance was inexpensive for most filers: 59.18 percent of respondents put the total cost of...
• supports kaal:claim:2714974-010 The majority of hedge fund advisers spent less than $10,000 preparing their initial Form PF data reporting to ...
• supports kaal:claim:2447306-019 Form PF compliance is not staff intensive for most filers: 67.35 percent of respondents used only one to three...

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