{
 "@context": "https://schema.org",
 "@type": "DefinedTerm",
 "@id": "https://wulfkaal.github.io/entities/exemptions",
 "identifier": "kaal:entity:exemptions",
 "name": "Exemptions",
 "termCode": "exemptions",
 "inDefinedTermSet": {
  "@id": "https://wulfkaal.github.io/entities/index.json"
 },
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
 "dateModified": "2026-07-29",
 "canonicalForm": "https://wulfkaal.github.io/entities/exemptions.md",
 "sha256": "7388fbe2aa027f6dc556409a536f8a50e16c2e3f35c3c5d811fb9046bef7431f",
 "additionalProperty": [
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   "name": "status",
   "value": "derived"
  },
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   "name": "claim_count",
   "value": 3
  },
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   "value": 3
  },
  {
   "@type": "PropertyValue",
   "name": "year_span",
   "value": [
    "2012",
    "2016"
   ]
  },
  {
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   "name": "non_current_claims",
   "value": 0
  }
 ],
 "subjectOf": [
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2150377-008",
   "identifier": "kaal:claim:2150377-008",
   "text": "Because Title IV's registration exemptions are broad enough to threaten the rule they qualify, the Dodd-Frank Act deliberately gives the SEC rulemaking authority to keep the exemptions from swallowing the rules.",
   "abstract": "The Dodd-Frank Act also empowers the SEC to utilize its rulemaking authority to prevent the exemptions from registration to \"swallow the rules.\"100",
   "citation": "Wulf A. Kaal, Hedge Fund Manager Registration Under the Dodd-Frank Act (2012). SSRN: https://ssrn.com/abstract=2150377",
   "datePublished": "2012",
   "claim_type": "design",
   "confidence": "asserted",
   "is_failure_mode": true,
   "scope_conditions": [
    "exemptions for private fund advisers, venture capital advisers, and foreign private advisers under Title IV"
   ],
   "source_pdf_sha256": "0b58bb409cac7674d78515f5374096f9a349de3bbd1983c990e0edc85a635a09",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2273857-038",
   "identifier": "kaal:claim:2273857-038",
   "text": "The Jumpstart Our Business Startups Act exemptions for emerging growth companies from Section 404(b), from say-on-pay, and from pay ratio disclosure illustrate the post-crisis easing of constraints imposed on the financial services industry.",
   "abstract": "These exemptions again illustrate the easing of constraints imposed on the financial services industry after a crisis.",
   "citation": "Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013). SSRN: https://ssrn.com/abstract=2273857",
   "datePublished": "2013",
   "claim_type": "empirical",
   "confidence": "evidenced",
   "is_failure_mode": true,
   "scope_conditions": [
    "emerging growth companies under the JOBS Act"
   ],
   "source_pdf_sha256": "e7cb3dea40593135acc99a9b00690138fe01020514ebf388f5140e1b0e59e82a",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2732915-009",
   "identifier": "kaal:claim:2732915-009",
   "text": "Title IV requires private fund advisers with more than $150 million in assets under management to register with the SEC as investment advisers.",
   "abstract": "Title IV requires private fund advisers with more than $150 million assets under management (AUM) to register with the SEC as investment advisers.",
   "citation": "Wulf A. Kaal, The Private Fund Industry Five Years after the Dodd-Frank Act – A Survey Study (2016). SSRN: https://ssrn.com/abstract=2732915",
   "datePublished": "2016",
   "claim_type": "definitional",
   "confidence": "asserted",
   "is_failure_mode": false,
   "scope_conditions": [
    "advisers acting solely as advisers to private funds",
    "assets under management in the United States"
   ],
   "source_pdf_sha256": "643658c02f6625bca35595696116d0ad74d681ed8579c644832ae4a88b2a8c14",
   "status": "current"
  }
 ],
 "description": "3 claims in the published works of Wulf A. Kaal carry the concept tag 'exemptions'. Derived node: a roster, not an adjudicated definition."
}