{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/2739479-002",
 "identifier": "kaal:claim:2739479-002",
 "text": "The SEC's 2004 attempt to require hedge fund adviser registration failed: after the D.C. Circuit vacated the rule in Goldstein v. SEC, the overwhelming majority of private fund advisers that had registered under the 2004 requirements deregistered.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Wulf A. Kaal, The Post Dodd-Frank Act Evolution of the Private Fund Industry Comparative Evidence from 2012 and 2 (2016). SSRN: https://ssrn.com/abstract=2739479",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "The Post Dodd-Frank Act Evolution of the Private Fund Industry Comparative Evidence from 2012 and 2",
  "datePublished": "2016",
  "url": "https://ssrn.com/abstract=2739479",
  "sha256": "b2e7b81a16ab01c73478b62e85068f9dadc5cdd18427241e8bc5e8216a967730",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202016%20-%20The%20Post%20Dodd-Frank%20Act%20Evolution%20of%20the%20Private%20Fund%20Industry%20Comparative%20Evidence%20from%202012%20and%202.pdf"
 },
 "keywords": [
  "securities-law",
  "dynamic-regulation",
  "regulatory-failure"
 ],
 "about": [
  "goldstein-v-sec",
  "adviser-registration",
  "deregistration",
  "sec-rulemaking",
  "regulatory-failure"
 ],
 "abstract": "High- lighting the significant opposition of the private fund industry to the rule, the over- whelming majority of private fund advisers that had registered under the SEC's 2004 registration requirements deregistered after Goldstein.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "failure"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "evidenced"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": [
    "SEC rulemaking under the Investment Advisers Act before Dodd-Frank",
    "after the 2006 Goldstein decision"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": true
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/f2cb7ad05a4fd4ac4e3334f1883b2807eafbb7d6e172315364f7ec669442ae01.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": [
    {
     "rel": "restates",
     "to": "https://wulfkaal.github.io/claims/2732915-008",
     "to_id": "kaal:claim:2732915-008",
     "similarity": 0.9
    },
    {
     "rel": "extends",
     "to": "https://wulfkaal.github.io/claims/2150377-006",
     "to_id": "kaal:claim:2150377-006",
     "similarity": 0.461
    },
    {
     "rel": "extends",
     "to": "https://wulfkaal.github.io/claims/2714974-006",
     "to_id": "kaal:claim:2714974-006",
     "similarity": 0.424
    },
    {
     "rel": "restates",
     "to": "https://wulfkaal.github.io/claims/2150377-002",
     "to_id": "kaal:claim:2150377-002",
     "similarity": 0.363
    },
    {
     "rel": "extended_by",
     "to": "https://wulfkaal.github.io/claims/2998097-002",
     "to_id": "kaal:claim:2998097-002",
     "similarity": 0.359
    }
   ]
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "f2cb7ad05a4fd4ac4e3334f1883b2807eafbb7d6e172315364f7ec669442ae01",
 "canonicalForm": "https://wulfkaal.github.io/claims/2739479-002.md"
}