# kaal:claim:2739479-036

**Claim.** By 2015 a clear majority of respondents, 93 percent, attributed effects on their investment management company's profits to additional expenses associated with the Dodd-Frank Act, and no respondent reported no additional expenses, compared with 19 percent in 2012.

**Type.** empirical  **Support.** evidenced

**Holds when.**

- survey respondents reporting on management company profits
- 2012 and 2015 surveys

**Source quote.**

> Figure 19 illustrates that a clear majority of respondents in 2015 (93%) be- lieved that the profits of their investment management company were affected by additional expenses associated with the Dodd Frank Act.

**From.** Wulf A. Kaal, *The Post Dodd-Frank Act Evolution of the Private Fund Industry Comparative Evidence from 2012 and 2* (2016), IV.5. Effect on Profits, page 47

**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, private-funds

**Keywords.** management-company-profits, compliance-costs, survey-evidence, dodd-frank-act, private-funds

**Related claims.**

- extends: https://wulfkaal.github.io/claims/2150377-031
- extends: https://wulfkaal.github.io/claims/2732915-035
- restated_by: https://wulfkaal.github.io/claims/2816408-009
- supports: https://wulfkaal.github.io/claims/2150377-030

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