kaal:claim:3405660-017

There is currently no precise formula for devising effective integrated prudential hedge fund regulation, so the prudential model remains underspecified.

Currently, no precise formula exist for devising effective integrated prudential hedge fund regulation.

Kaal, Indirect Regulation of Hedge Funds (2019), III.3 Prudential hedge fund Regulation, p. 16
https://ssrn.com/abstract=3405660 · source PDF

Kaal, Indirect Regulation of Hedge Funds (2019). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3405660

failuresupport: assertedfailure: prudential model underspecificationfamily: supervisory-capacity-gapdynamic-regulationprivate-funds

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