kaal:claim:2998097-023

Form PF data suffer from core shortcomings: ambiguity in several key questions, inaccurate definitions with correspondingly insufficient SEC guidance, and difficulty aggregating the required information.

These included: the ambiguity of several key questions on Form PF, the inaccuracy of Form PF definitions and the corresponding insufficiency of SEC guidance for Form PF, and difficulties in aggregating the required Form PF information.

Wulf A. Kaal, Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016 (2017), IV.2 Systemic Risk, p. 35
https://ssrn.com/abstract=2998097 · source PDF

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

• Form PF as implemented after the Dodd-Frank Act

failuresupport: evidencedfailure: Form PF design defectsfamily: definitional-ambiguityprivate-fundssecurities-law

• restates kaal:claim:2470008-028 The substantive defects in Form PF data are the ambiguity of several key questions, inaccurate definitions pai...
• extends kaal:claim:2470008-004 Even though the private fund industry broadly accepted Form PF, the form's core problems for the SEC are the a...

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Attestation record: colloquium/attestations/449f7acf907ceece...json
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