A majority of respondents already took the regulatory regime into account in sizing assets under management before the Dodd-Frank Act was enacted, which implies that Dodd-Frank did not make much difference in how they run their business.
Source quote, verbatim
It shows that a majority of respondents did in fact take the regulatory regime into account before Dodd- Frank, implying that Dodd-Frank did not make much difference in the way respondents run their business.
From
Wulf A. Kaal, The Private Fund Industry Five Years after the Dodd-Frank Act – A Survey Study (2016), IV. Results, 3. Assets Under Management, p. 28 https://ssrn.com/abstract=2732915 · source PDF
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
Holds when
responses to survey question 7.b.ii
a significant minority of 47.1 percent did not consider the regime before enactment
Classification
empiricalsupport: arguedempirical-evidence
Related claims
contestskaal:claim:2150377-025 The regulatory regime does not drive fund sizing for most advisers: 82.02% of respondents would not take the c...
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