# kaal:claim:2816408-003

**Claim.** Using self-reported Morningstar earnings data for 3,424 US private fund advisers covering 2010 to 2015 in multiple regression discontinuity designs with robustness checks, private fund adviser registration and disclosure under the Dodd-Frank Act had no significant effect on private fund adviser returns.

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

**Holds when.**

- US based private fund advisers subject to Title IV
- 2010 to 2015 monthly earnings data
- registration effective date March 30, 2012 as the discontinuity

**Source quote.**

> Based on the evidence in multiple RD designs including robustness checks, we conclude that private fund adviser registration and disclosure under the Dodd-Frank Act had no significant effect on private fund adviser returns.

**From.** Wulf A. Kaal, Barbara Luppi, Sandra Paterlini, *Did the Dodd-Frank Act Impact Private Fund Performance  – Evidence from 2010 – 2015* (2016), 1. INTRODUCTION, page 3

**Cite as.** Wulf A. Kaal, Barbara Luppi, Sandra Paterlini, Did the Dodd-Frank Act Impact Private Fund Performance  – Evidence from 2010 – 2015 (2016). SSRN: https://ssrn.com/abstract=2816408

**Verify.** sha256 of source PDF `dc3b2f9e60e42ea1b42c2e0062d65569675b014c05fcd30b15ad44d2410b2ce7` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20et%20al.%20-%202016%20-%20Did%20the%20Dodd-Frank%20Act%20Impact%20Private%20Fund%20Performance%20%20%E2%80%93%20Evidence%20from%202010%20%E2%80%93%202015.pdf

**Topics.** private-funds, research-methods, empirical-evidence

**Keywords.** dodd-frank-act, private-fund-performance, regression-discontinuity, empirical-evidence

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/2998097-020
- supersedes: https://wulfkaal.github.io/claims/2389416-003
- supersedes: https://wulfkaal.github.io/claims/2389416-022
- supersedes: https://wulfkaal.github.io/claims/2389416-007
- supports: https://wulfkaal.github.io/claims/2389416-008

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