# kaal:claim:2998097-008

**Claim.** Fund managers are unlikely to escape bank based indirect supervision by terminating a lending relationship, because their dynamic trading strategies depend on the immediate availability of capital and lending relationships now face increased scrutiny.

**Type.** condition  **Support.** argued

**Holds when.**

- contemporary banking environment with heightened lending scrutiny
- funds running dynamic trading strategies

**Source quote.**

> However, because private investment funds' dynamic trading strategies often depend on the immediate availability of capital, and given today's banking environment with increased scrutiny over lending and lending relationships, managers are unlikely to terminate a lending relationship.45

**From.** Wulf A. Kaal, *Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016* (2017), III.2 Indirect Regulation, page 13

**Cite as.** Wulf A. Kaal, Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016 (2017). SSRN: https://ssrn.com/abstract=2998097

**Verify.** sha256 of source PDF `0955054f49c7011d33c285579bb046e6b284e42755b10fd2546a728c202669d5` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202017%20-%20Private%20Investment%20Fund%20Regulation%20-%20Theory%20and%20Empirical%20Evidence%20from%201998%20to%202016.pdf

**Topics.** systemic-risk, defi, regulatory-failure

**Keywords.** indirect-regulation, bank-lending, trading-strategies, regulatory-evasion

**Related claims.**

- restates: https://wulfkaal.github.io/claims/1806252-030
- supports: https://wulfkaal.github.io/claims/1806252-025
- supports: https://wulfkaal.github.io/claims/2714974-031

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