# kaal:claim:2811729-035

**Claim.** The proliferation of unconstrained mutual funds has contributed to the confluence of mutual and private funds and weakened the traditional public/private distinction in federal securities regulation.

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

**Holds when.**

- United States federal securities regulation of pooled investment vehicles

**Source quote.**

> The proliferation of UMFs has contributed to the confluence of mutual and private funds, and weakened the traditional public/private distinction in federal securities regulation.

**From.** Wulf A. Kaal, *Unconstrained Mutual Funds and Retail Investor Protection* (2016), V. Policy Implications, page 52

**Cite as.** Wulf A. Kaal, Unconstrained Mutual Funds and Retail Investor Protection (2016). SSRN: https://ssrn.com/abstract=2811729

**Verify.** sha256 of source PDF `0877b0a076f2614559cb0b1a736f73401cecbee7cfe014da6e36709208e92a74` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20and%20Anderson%20-%202016%20-%20Unconstrained%20Mutual%20Funds%20and%20Retail%20Investor%20Protection.pdf

**Topics.** securities-law

**Keywords.** public-private-divide, securities-regulation, fund-convergence, regulatory-theory

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/2998097-037
- extends: https://wulfkaal.github.io/claims/2715083-036
- extends: https://wulfkaal.github.io/claims/2715083-037
- extends: https://wulfkaal.github.io/claims/2715083-001

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