kaal:claim:3405660-028

Basel II was at least partly motivated by the LTCM rescue and the 1998 market turbulence, so it responds to the same concerns that animate hedge fund regulation.

Source quote, verbatim

Accordingly, Basle II was, at least partly, motivated by the events surrounding LTCM and, therefore, by the same concerns and problems.

From

Kaal, Indirect Regulation of Hedge Funds (2019), IV.2 Capital Adequacy Standards, p. 24
https://ssrn.com/abstract=3405660 · source PDF

Cite as

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

Classification

empiricalsupport: arguedsystemic-risk

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