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 "text": "A single point in time RD design anchored to March 30, 2012 is inadequate on its own because advisers could and did register before the deadline, funds near the $150 million threshold could choose between registered adviser and exempt reporting adviser status, and self-reported Morningstar AUM is not calculated the same way as the SEC's RAUM.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
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 "citation": "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",
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  "name": "Did the Dodd-Frank Act Impact Private Fund Performance  – Evidence from 2010 – 2015",
  "datePublished": "2016",
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 "abstract": "Fourth, the self-reported assets under management numbers in Morningstar are not calculated the same way as the RAUM calculation required by the SEC.",
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