# kaal:claim:2732915-016

**Claim.** 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.

**Type.** empirical  **Support.** evidenced

**Holds when.**

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

**Source quote.**

> 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),

**From.** 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, page 14

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

**Verify.** sha256 of source PDF `643658c02f6625bca35595696116d0ad74d681ed8579c644832ae4a88b2a8c14` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202016%20-%20The%20Private%20Fund%20Industry%20Five%20Years%20after%20the%20Dodd-Frank%20Act%20%E2%80%93%20A%20Survey%20Study.pdf

**Topics.** private-funds, compliance, empirical-evidence, disclosure

**Keywords.** form-pf, compliance-cost, survey-evidence, filing-frequency

**Related claims.**

- extends: https://wulfkaal.github.io/claims/2447306-012
- supports: https://wulfkaal.github.io/claims/2714974-010
- supports: https://wulfkaal.github.io/claims/2447306-019

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