{"title":"Indirect Regulation of Hedge Funds","authors":"Wulf A. Kaal","doi":"10.1093/oxfordhb/9780198840954.013.22","DOIUrl":null,"url":null,"abstract":"This chapter evaluates the prevalent regulatory approaches for hedge funds. Among these are direct regulation, indirect regulation, so-called prudential hedge fund regulation, and eventually co-coordinated international cooperation. The chapter shows that indirect regulation of the hedge fund industry attains most regulatory objectives while providing the industry with sufficient freedom to operate. The chapter concludes with an examination of the benefits of indirect regulation of the hedge fund industry.","PeriodicalId":431402,"journal":{"name":"LSN: Securities Law: U.S. (Topic)","volume":"41 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2019-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"LSN: Securities Law: U.S. (Topic)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1093/oxfordhb/9780198840954.013.22","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 2
Abstract
This chapter evaluates the prevalent regulatory approaches for hedge funds. Among these are direct regulation, indirect regulation, so-called prudential hedge fund regulation, and eventually co-coordinated international cooperation. The chapter shows that indirect regulation of the hedge fund industry attains most regulatory objectives while providing the industry with sufficient freedom to operate. The chapter concludes with an examination of the benefits of indirect regulation of the hedge fund industry.