# kaal:claim:2739479-025

**Claim.** The shift of reported compliance hours out of the 251 to 500 hour band and into the 100 to 250 hour band suggests the industry became more effective at satisfying Dodd-Frank reporting obligations between 2012 and 2015.

**Type.** mechanism  **Support.** argued

**Holds when.**

- hours reported for Dodd-Frank Act compliance specifically, not all federal regulation

**Source quote.**

> One possible explanation is that the industry became more effective in satisfying the reporting obligations of Dodd-Frank in the interim between 2012 and 2015.

**From.** Wulf A. Kaal, *The Post Dodd-Frank Act Evolution of the Private Fund Industry Comparative Evidence from 2012 and 2* (2016), IV.2. Compliance Costs, page 39

**Cite as.** 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

**Verify.** sha256 of source PDF `b2e7b81a16ab01c73478b62e85068f9dadc5cdd18427241e8bc5e8216a967730` at 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

**Topics.** compliance, empirical-evidence

**Keywords.** compliance-hours, learning-effects, compliance-costs, survey-evidence, dodd-frank-act

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