# kaal:claim:2811718-034

**Claim.** The legal standards applicable to private fund investor due diligence are somewhat inconsistent and suboptimal and merit clarification.

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

**Holds when.**

- United States case law from 1995 to 2015

**Source quote.**

> This study has demonstrated that the legal standards applicable to private fund IDD are somewhat inconsistent and suboptimal, and merit clarification.

**From.** Wulf A. Kaal, *Private Fund Investor Due Diligence – Evidence from 1995 to 2015* (2016), IV. Discussion, page 60

**Cite as.** Wulf A. Kaal, Private Fund Investor Due Diligence – Evidence from 1995 to 2015 (2016). SSRN: https://ssrn.com/abstract=2811718

**Verify.** sha256 of source PDF `b52152af561288173840a1cabbcf8f4b337e73507c856ee01600799073f4156f` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202016%20-%20Private%20Fund%20Investor%20Due%20Diligence%20%E2%80%93%20Evidence%20from%201995%20to%202015.pdf

**Failure mode.** inconsistent legal standards  (family: definitional-ambiguity)

**Topics.** law-and-legal-systems

**Keywords.** legal-standards, doctrinal-inconsistency, policy, investor-protection

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/2998097-030

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