Hedge Fund Regulation and Fund Governance

Hedge Fund Regulation and Fund Governance

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. Much of the regime is a “comply-or-explain” regime that allows funds to forego compliance with governance rules, providing that they disclose their lack of compliance. The results show that regulation reduces misreporting at hedge funds. Further analysis suggests that the disclosure requirements led funds to make changes in their internal governance, such as hiring or switching the fund's auditor, and that these changes induced funds to report their financial performance more accurately.

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Pages 68 pages
Hedge Fund Regulation and Fund Governance
Language: en
Pages: 68
Authors: Colleen Honigsberg
Categories:
Type: BOOK - Published: 2019 - Publisher:

This paper uses three alternating changes in hedge fund regulation to study whether regulation reduces hedge funds' misreporting, and, if so, why regulation is
Hedge Fund Compliance
Language: en
Pages: 208
Authors: Jason A. Scharfman
Categories: Business & Economics
Type: BOOK - Published: 2016-12-19 - Publisher: John Wiley & Sons

The long-awaited guide for modern hedge fund compliance program development Hedge Fund Compliance + Website provides straightforward, practical guidance toward
Regulation of Hedge Funds
Language: en
Pages: 35
Authors: Gerald Spindler
Categories:
Type: BOOK - Published: 2006 - Publisher:

The growth in numbers of, and of capital managed by, hedge funds as well as their activities have spurred a debate about regulation of hedge funds worldwide. In
Regulating Hedge Funds in the EU
Language: en
Pages: 272
Authors: Alexandros Seretakis
Categories: Law
Type: BOOK - Published: 2022-01-13 - Publisher: Kluwer Law International B.V.

Hedge funds remain the most controversial vehicles of the alternative investment funds universe. Their opaque nature, alleged role in major crises around the wo
Hedge Fund Regulation in the European Union
Language: en
Pages: 384
Authors: Phoebus Athanassiou
Categories: Law
Type: BOOK - Published: 2009-04-14 - Publisher: Kluwer Law International B.V.

While hedge funds have been part and parcel of the global asset management landscape for well over fifty years, it is only relatively recently that they came to
The Oxford Handbook of Hedge Funds
Language: en
Pages: 560
Authors: Douglas Cumming
Categories: Business & Economics
Type: BOOK - Published: 2021-10-26 - Publisher: Oxford University Press

The Oxford Handbook of Hedge Funds provides a comprehensive overview of the hedge fund industry from a global perspective, bringing together insights from theor
The Alternative Investment Fund Managers Directive
Language: en
Pages: 1080
Authors: Dirk Zetzsche
Categories: Law
Type: BOOK - Published: 2020-09-17 - Publisher: Kluwer Law International B.V.

In the ten years since its coming into force, the Alternative Investment Fund Managers Directive (AIFMD), with almost EUR 7 trillion assets under management in
Hedge Fund Structure, Regulation, and Performance around the World
Language: en
Pages: 256
Authors: Douglas Cumming
Categories: Business & Economics
Type: BOOK - Published: 2013-01-25 - Publisher: Oxford University Press

This book uses data from a multitude of countries to explain how and why hedge fund markets differ around the world. The authors consider international differen
International Guide to Hedge Fund Regulation
Language: en
Pages: 612
Authors: Martin Cornish
Categories: Law
Type: BOOK - Published: 2009 - Publisher: Tottel Publishing

This book provides a detailed guide to the regulation of hedge funds in key jurisdictions. It covers all the legal and regulatory matters in relation to hedge f
Hedge Fund Governance
Language: en
Pages: 384
Authors: Jason Scharfman
Categories: Business & Economics
Type: BOOK - Published: 2014-10-22 - Publisher: Academic Press

Hedge Fund Governance: Evaluating Oversight, Independence and Conflicts summarizes the fundamental elements of hedge fund governance and principal perspectives