, the legal framework for ICOs remains unclear because traditional securities regulation is designed for classical … that highlighted that tokens may be subject to US securities regulation if they meet the requirements for ‘investment …

This paper tests the idea that financial regulation can impact performance persistence in the context of the hedge fund … industry in 48 countries over the years 1994-2008. The data show evidence of three types of regulation influencing performance … institutional investors, enhance performance persistence. Finally, we show differences in the effect of regulation on persistence by …

This study investigates the impact of excessive regulation on private equity (PE) returns and firm performance. History … shows that extreme regulation and prohibition reduce the supply of capital and raise returns (e.g., as with drugs and … diamonds). However, for value-added investors such as PE funds, extreme regulation also reduces the quality of capital and fund …

traditionally left to competing provincial securities commissions. The current state of securities regulation renders impotent US … federal securities regulation models are weighted in light of the current state of their needed complementary institutions …

international differences in hedge fund regulation are significantly associated with the propensity of fund managers to misreport … wealth transfer to differences in hedge fund regulation …

, the European Union has engaged in an ambitious overhaul of banking regulation. One of its centerpieces, the 2013 Fourth …