Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016

51 Pages Posted: 11 Jul 2017

See all articles by Wulf A. Kaal

Wulf A. Kaal

University of St. Thomas, Minnesota - School of Law

Date Written: July 6, 2017

Abstract

Private investment fund regulation in the United States evolved substantially in the last two decades. Tracing the main regulatory developments, this article summarizes the author’s theoretical and empirical findings on the effects of changes in private investment fund regulation from 2006 to 2016, assessing the regulatory implications of the failure of Long-Term Capital Management L.P. in 1998 and the Dodd-Frank Act in 2010. More recent trends include the emerging confluence of private investment funds and mutual funds as well as private investment funds’ use of blockchain technology and smart contracts.

Keywords: Private Investment Funds, Hedge Funds, Private Equity, Long Term Capital Management, Regulation, Dodd-Frank Act, PFIARA, Compliance, Blockchain, Distributed Ledger Technology, Artificial Intelligence, Machine Learning, Data Science, Data Scientists, Meta Models, Innovation, Entrepreneur, Startup, Bi

JEL Classification: K20, K23, K32, L43, L5, O31, O32

Suggested Citation

Kaal, Wulf A., Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016 (July 6, 2017). U of St. Thomas (Minnesota) Legal Studies Research Paper No. 17-13. Available at SSRN: https://ssrn.com/abstract=2998097 or http://dx.doi.org/10.2139/ssrn.2998097

Wulf A. Kaal (Contact Author)

University of St. Thomas, Minnesota - School of Law ( email )

MSL 400, 1000 La Salle Avenue
Minneapolis, MN Minnesota 55403-2005
United States

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