# Recordkeeping

`kaal:entity:recordkeeping`

**Status.** derived

This node is assembled mechanically from the 3 claims that carry the concept tag `recordkeeping`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

3 claims across 3 works, 2014 to 2019.

**2014**

- [2389423-013](https://wulfkaal.github.io/claims/2389423-013) [definitional/asserted] -- Registered investment advisers must report systemic risk relevant information to the SEC, including trading practices, trading and investment positions, the amount of assets under management, valuation policies, and side letters.
  > Investment advisers must provide reports with respect to certain information related to systemic risk (Dodd-Frank § 404(b)(3)), such as trading practices, trading and investment positions, the amount of AUM, valuation policies, side letters
  Wulf A. Kaal, The Impact of Dodd-Frank Act Compliance Cost on the Hedge Fund Industry (2014). SSRN: https://ssrn.com/abstract=2389423

**2017**

- [2998033-019](https://wulfkaal.github.io/claims/2998033-019) [mechanism/evidenced] -- Recording all fund transactions in the public blockchain lets an adviser demonstrate compliance with its best execution obligations and locate and audit past trades, converting a compliance burden into an automatic byproduct of trading.
  > Moreover, by recording all transactions in the public blockchain, LendingRobot is able to comply with its best execution obligations as well as locate and audit past trades.
  Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2998033

**2019**

- [3409548-035](https://wulfkaal.github.io/claims/3409548-035) [mechanism/argued] -- Recording every fund transaction together with its associated documentation on a blockchain cuts the significant costs of human oversight in recording, organizing and maintaining investment fund data and records.
  > blockchain technology reduces the otherwise significant costs associated with human oversight in recording, organizing, and maintaining investment fund data and records.
  Kaal, Financial Technology and Hedge Funds (2019). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3409548

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/recordkeeping.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.