regulated or largely exempted from regulation, the newly regulated funds experienced a significant decrease in reported profits …

This paper uses three alternating changes in hedge fund regulation to study whether regulation reduces hedge funds …' misreporting, and, if so, why regulation is effective. Relative to public companies, hedge fund regulation is relatively light …, providing that they disclose their lack of compliance. The results show that regulation reduces misreporting at hedge funds …

. Professor Romano suggests regulatory arbitrage, rather than the targeted regulation of bank lending to hedge funds under Basel ….S. Dodd-Frank Act, the AIFM Directive, and other pertinent regulation. I provide an impact analysis of regulatory changes, de … asymmetric regulation in Dodd-Frank and the AIFM Directive …

After the global financial crisis, systemic risk regulation has taken center stage. Many consider hedge funds a … hedge funds for a case study of emerging transnational regulation. After an introduction to hedge funds and the reasons for … self-regulation, including such induced by the government, regulatory competition between government regulators, and …