{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/positions/2026-08-08-255",
 "identifier": "kaal:position:2026-08-08-255",
 "additionalType": "https://wulfkaal.github.io/positions/schema.json#AffirmedPositionClaim",
 "name": "Streaming Emergence Of A New Regulation Informational Disclosure Modalities In The Hedge F C3A7E3F520",
 "text": "Emergence of a new regulation: informational disclosure modalities in the hedge fund opacity world states that disclosing information previously known only to hedge funds can reduce failures caused by information asymmetry, while distinguishing disclosure forms and microeconomic from macroeconomic consequences. This qualifies Kaal's narrower claim that a public database limited to nonproprietary information may demystify the industry without resolving opacity-driven liquidity risk. The abstract does not show that public nonproprietary disclosure fixes liquidity risk or identify a sufficient disclosure modality.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "datePublished": "2026-08-08",
 "dateModified": "2026-08-08",
 "creativeWorkStatus": "Affirmed",
 "responseType": "qualification",
 "keywords": [
  "disclosure",
  "defi",
  "risk-and-incentives",
  "historical-response",
  "scholarly-literature",
  "crossref"
 ],
 "scope_conditions": [
  "The response is limited to the retrieved source proposition and mapped Kaal claim unless fuller source review supports a broader conclusion.",
  "External evidence level: abstract indexed.",
  "Mapping review tier: substantively reviewed abstract-level qualification.",
  "Primary mapping confidence: 0.62.",
  "The primary mapping cleared the automated ambiguity test; substantive scope remains review-bound.",
  "Evidence is limited to an exact proposition in a Crossref-indexed abstract; full text was not reviewed.",
  "No relationship is treated as external endorsement, citation, causation, or validation of a broader Kaal claim.",
  "The French-language source states that disclosure of information previously known only to hedge funds can reduce failures caused by information asymmetry, while distinguishing disclosure forms and microeconomic from macroeconomic consequences. This qualifies Kaal's narrower claim that a public database limited to nonproprietary information may demystify the industry without resolving opacity-driven liquidity risk. The abstract does not establish that public nonproprietary disclosure fixes liquidity risk or identify which disclosure modality is sufficient."
 ],
 "currentDebate": {
  "name": "Emergence of a new regulation: informational disclosure modalities in the hedge fund opacity world",
  "url": "https://doi.org/10.3917/ecoi.123.0161"
 },
 "extends": {
  "identifier": "kaal:claim:2714974-034",
  "url": "https://wulfkaal.github.io/claims/2714974-034",
  "citation": "Kaal and Oesterle, The History of Hedge Fund Regulation in the United States (2016). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2714974",
  "paper": "Kaal and Oesterle, The History of Hedge Fund Regulation in the United States",
  "authors": [
   "Wulf A. Kaal"
  ],
  "year": "2016",
  "ssrn": null,
  "source_pdf_sha256": "7764601d3ed5bb056b58949e8411eff9dfb9855f143719062030c980c5fa801b"
 },
 "isBasedOn": [
  {
   "@id": "https://wulfkaal.github.io/claims/2714974-034"
  },
  {
   "@type": "CreativeWork",
   "name": "Emergence of a new regulation: informational disclosure modalities in the hedge fund opacity world",
   "url": "https://doi.org/10.3917/ecoi.123.0161"
  }
 ],
 "batch_id": "kaal-review:2026-08-08:continuous-crossref-0032-and-0033-retained-0005-release-v1",
 "review_provenance": "https://kaal-signal-desk.wulf577462.chatgpt.site/#review",
 "publicationStatus": "public",
 "recordTypeNote": "Dated commentary position extending a scholarly corpus claim. Not a verbatim claim extracted from the paper.",
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/positions/index.json"
 },
 "version": "1.0",
 "canonical_url": "https://wulfkaal.github.io/positions/2026-08-08-255",
 "canonicalForm": "https://wulfkaal.github.io/positions/2026-08-08-255.md",
 "candidateId": "kaal:response-draft:2026-08-08:a0c6348d48f82cfec61e",
 "evidenceLevel": "abstract indexed",
 "reviewTier": "substantively reviewed abstract-level qualification",
 "mappingConfidence": 0.62,
 "mappingAmbiguous": false,
 "mappingMethod": "complete-corpus source-proposition mechanism and scope adjudication",
 "mappingWhyRelevant": "The French-language source states that disclosure of information previously known only to hedge funds can reduce failures caused by information asymmetry, while distinguishing disclosure forms and microeconomic from macroeconomic consequences. This qualifies Kaal's narrower claim that a public database limited to nonproprietary information may demystify the industry without resolving opacity-driven liquidity risk. The abstract does not establish that public nonproprietary disclosure fixes liquidity risk or identify which disclosure modality is sufficient.",
 "sourceProvenance": {
  "source": "crossref",
  "sourceRecordId": "10.3917/ecoi.123.0161",
  "queryId": "concept:53f2c1ec7805",
  "queryText": "hedge fund regulation",
  "canonicalUrl": "https://doi.org/10.3917/ecoi.123.0161",
  "doi": "10.3917/ecoi.123.0161",
  "externalIds": {
   "DOI": "10.3917/ecoi.123.0161",
   "Crossref": "10.3917/ecoi.123.0161"
  },
  "retrievedAt": "2026-08-10T05:19:20.180Z",
  "providerPage": 1,
  "rawObservationSha256": "2b4d6b2b85f4f93af884f8c3b292592c4eb3f3ecfde94d46bd856b8ba449be7b",
  "inputSnapshotSha256": "992f8c49332b7b9b2e702e36285ef8acd61886bb8b6102584fceb5101f481111",
  "inputLine": 15800,
  "chunkId": "crossref-00001",
  "workId": "work:doi:10.3917/ecoi.123.0161",
  "workAuthors": [
   "Sandra Rigot",
   "Yamina Tadjeddine"
  ],
  "workPublishedAt": "2011-10-04",
  "identityKeys": [
   "doi:10.3917/ecoi.123.0161",
   "crossref:10.3917/ecoi.123.0161",
   "url:https://doi.org/10.3917/ecoi.123.0161",
   "title:853f5cad200b9a0ba63db8ab",
   "proposition:6c5daebb60555075e58f64958faa7c0b01a2c9087905727452a6cb91daf234b5"
  ],
  "sourceProposition": "La divulgation d’informations connues jusque là des seuls hedge funds permet de réduire ces défaillances.",
  "sourcePropositionSha256": "190eaf31e1acc215e2d7581cf1ae8d7400254606a5a3a79bc0ca2c1461671489",
  "sourcePropositionIndex": 2,
  "claimMappings": [
   {
    "claimId": "kaal:claim:2714974-034",
    "claimUrl": "https://wulfkaal.github.io/claims/2714974-034",
    "rank": 1,
    "confidence": 0.62,
    "method": "complete-corpus source-proposition mechanism and scope adjudication",
    "whyRelevant": "The French-language source states that disclosure of information previously known only to hedge funds can reduce failures caused by information asymmetry, while distinguishing disclosure forms and microeconomic from macroeconomic consequences. This qualifies Kaal's narrower claim that a public database limited to nonproprietary information may demystify the industry without resolving opacity-driven liquidity risk. The abstract does not establish that public nonproprietary disclosure fixes liquidity risk or identify which disclosure modality is sufficient.",
    "ambiguous": false
   }
  ],
  "substantiveReview": {
   "disposition": "retained",
   "reviewVersion": "kaal-continuous-crossref-substantive-review-v1",
   "reviewedAt": "2026-08-10T17:32:21.227Z",
   "reviewer": "Codex continuous substantive reviewer",
   "rationale": "The French-language source states that disclosure of information previously known only to hedge funds can reduce failures caused by information asymmetry, while distinguishing disclosure forms and microeconomic from macroeconomic consequences. This qualifies Kaal's narrower claim that a public database limited to nonproprietary information may demystify the industry without resolving opacity-driven liquidity risk. The abstract does not establish that public nonproprietary disclosure fixes liquidity risk or identify which disclosure modality is sufficient.",
   "limitations": [
    "Evidence is limited to an exact proposition in a Crossref-indexed abstract; full text was not reviewed.",
    "No relationship is treated as external endorsement, citation, causation, or validation of a broader Kaal claim.",
    "The French-language source states that disclosure of information previously known only to hedge funds can reduce failures caused by information asymmetry, while distinguishing disclosure forms and microeconomic from macroeconomic consequences. This qualifies Kaal's narrower claim that a public database limited to nonproprietary information may demystify the industry without resolving opacity-driven liquidity risk. The abstract does not establish that public nonproprietary disclosure fixes liquidity risk or identify which disclosure modality is sufficient."
   ],
   "sourceIdentity": {
    "status": "verified",
    "source": "Crossref REST work record",
    "doi": "10.3917/ecoi.123.0161",
    "title": "Emergence of a new regulation: informational disclosure modalities in the hedge fund opacity world",
    "authors": [
     "Sandra Rigot",
     "Yamina Tadjeddine"
    ],
    "language": "unavailable",
    "publisher": "CAIRN",
    "checkedAt": "2026-08-10T17:32:21.227Z",
    "responseBodySha256": "136742fcb3d1591c51651a25f658815d890af24929e296a5fc1d8bb244467c87",
    "providerReceipt": {
     "path": "outputs/historical-backfill-2026-08-08-crossref/raw-receipts/crossref-032-00001.json",
     "sha256": "b83d014b75c36eb064e16947dbcc52ba0874a74e7dfc87b03a4c6a2894037a74",
     "byteLength": 2212085
    }
   },
   "independentRationale": "The exact proposition is present in the live Crossref abstract and the deposited reference list contains no Kaal-authored reference; the relationship is limited to the independently stated proposition.",
   "nonOverlap": {
    "candidateIdMatches": 0,
    "canonicalUrlMatches": 0,
    "propositionHashMatches": 0
   },
   "releaseRevalidation": {
    "checkedAt": "2026-08-10T19:34:36.940Z",
    "protectedScholarlyClaims": 5113,
    "protectedLayerSha256": "c59523e5303efe751c07c50bdcc4beae1d76a89d220f1f62fd17ee21b26d87d1",
    "canonicalPublicCount": 8193,
    "authorityReceiptSha256": "e2126054b58bb4e88db65c334ef4fc8ae78dcaadc63543c408133c4eefceb9b1",
    "sourceBatchId": "kaal-review:2026-08-08:continuous-crossref-0032-global-unique-all-0024-reviewed-v1",
    "sourceIdentityVerified": true,
    "propositionInLiveAbstract": true,
    "nonOverlap": {
     "candidateIdMatches": false,
     "canonicalUrlMatches": false,
     "propositionHashMatches": false
    }
   }
  }
 },
 "userAffirmation": "Automatically authorized under standing authority receipt kaal-standing-publication-authorization:2026-08-01:hourly-reviewed-batches, SHA-256 e2126054b58bb4e88db65c334ef4fc8ae78dcaadc63543c408133c4eefceb9b1, limited to this substantively reviewed batch and the unchanged 5,113 scholarly claims under the current owner instruction.",
 "sha256": "77a075d8423af31dfa0f588ea0551a5d218e3fbfb8d2d34952adeb1d8ebbecc2"
}