kaal:claim:2732915-038

The long-term effect of the Dodd-Frank Act on the private investment fund industry is likely to be characterized by increasing additional expenses and associated barriers to entry for new market entrants.

Given these survey results, it seems possible that the long- term effect of the Dodd-Frank Act on the private investment fund industry is characterized by increasing additional expenses and associated levels of barriers to entry for market entrants.

Wulf A. Kaal, The Private Fund Industry Five Years after the Dodd-Frank Act – A Survey Study (2016), IV. Results, 4. Fund Earnings, p. 34
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

• inference from respondent forecasts for the next five years

predictivesupport: arguedfailure: Regulatory cost as entry barrierfamily: compliance-cost-and-barrier-to-entryrisk-and-incentiveseconomics

• supported_by kaal:claim:2998097-015 The second survey found long-term negative effects of Title IV: 34.9 percent of respondents expected it to aff...
• restates kaal:claim:2714974-040 Higher compliance costs from hedge fund regulation can create barriers to entry for new market entrants and ca...
• extends kaal:claim:2389423-003 Anecdotal evidence suggests that Title IV of the Dodd-Frank Act more than doubled the market entry threshold r...
• specializes kaal:claim:1558614-037 The Dodd-Frank Act is notable for what it omits: it does not break up the largest banks, does little to help s...
• supported_by kaal:claim:2739479-040 Barriers to entry for small firms are becoming an increasing problem in the private fund industry under the ev...
• extends kaal:claim:2389423-004 Before Title IV, launching a hedge fund could be accomplished by raising roughly $25 to $50 million, whereas a...
• extended_by kaal:claim:2998097-017 The industry largely absorbed the increased expenses of the Dodd-Frank Act by increasing the use of pass-throu...
• restates kaal:claim:2150377-033 Respondents identified the creation of barriers to entry as an industry level effect of the registration and d...

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