# kaal:claim:2732915-040

**Claim.** The same SEC implementation and clarification of Dodd-Frank registration and reporting requirements that helps the industry comply also creates uncertainty and higher costs for it, so continuing rule development cuts both ways.

**Type.** failure  **Support.** evidenced

**Holds when.**

- continuing SEC amendment of rules and reporting forms after Title IV

**Source quote.**

> At the same time, there is sufficient evidence in the findings that the SEC's implementation and clarification of Dodd-Frank Act registration and reporting requirements for private funds also creates uncertainty and higher costs for the industry.

**From.** Wulf A. Kaal, *The Private Fund Industry Five Years after the Dodd-Frank Act – A Survey Study* (2016), V. Discussion and Conclusion, 2. Private Fund Policy and Future Research, page 36

**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

**Failure mode.** Clarification generates uncertainty and cost  (family: compliance-cost-and-barrier-to-entry)

**Topics.** dynamic-regulation, securities-law, compliance, private-funds

**Keywords.** regulatory-uncertainty, sec-rulemaking, compliance-cost, private-fund-policy

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/2998097-016

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