# kaal:claim:2732915-022

**Claim.** Compliance cost is a significant issue for the private fund industry: a majority of respondents put Dodd-Frank compliance costs between $50,000 and $200,000, while a significant minority estimates total compliance cost between $200,000 and over $400,000.

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

**Holds when.**

- N=69 survey respondents
- cost defined as actual expenses incurred

**Source quote.**

> Compliance costs are a significant issue for the private fund industry. A majority of respondents found Dodd-Frank compliance costs to range from $50,000 to $200,000. However, a significant minority estimates the total compliance cost will range from $200,000 to over $400,000.

**From.** Wulf A. Kaal, *The Private Fund Industry Five Years after the Dodd-Frank Act – A Survey Study* (2016), V. Discussion and Conclusion, 1. Summary of Key Findings, page 35

**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.** compliance, empirical-evidence

**Keywords.** compliance-cost, dodd-frank-act, survey-results, cost-distribution

**Related claims.**

- restates: https://wulfkaal.github.io/claims/2150377-023
- extended_by: https://wulfkaal.github.io/claims/2739479-024
- restated_by: https://wulfkaal.github.io/claims/2816408-011
- supports: https://wulfkaal.github.io/claims/2389416-006
- supports: https://wulfkaal.github.io/claims/2714974-039
- extended_by: https://wulfkaal.github.io/claims/2816408-006

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.