kaal:claim:3405660-020

Indirect regulation is often the only feasible tool available, because in many jurisdictions regulators lack full direct regulatory authority over hedge funds and can act only through the regulated entities they do control.

Indirect regulation if often the only feasible regulatory tool for regulators seeking to lower risks associated with the hedge fund industry and protect investors and markets. In many jurisdictions, regulators do not have (full) direct regulatory authority over hedge funds.

Kaal, Indirect Regulation of Hedge Funds (2019), IV. Indirect Regulation, p. 18
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

• jurisdictions where regulators lack full direct authority over hedge funds
• regulators have authority over broker dealers, prime brokers and affiliates

conditionsupport: arguedlaw-and-legal-systems

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