FeedShowSSRN Author: Roberta Romano

Date: Wed, 22 May 2013 03:38:32 +0200

Quote:

http://www.ssrn.com/abstract=1697348

Text:

This comment is on a paper by Christian Kirchner and Wulf Kaal, which proposes a variety of post-financial crisis regulatory reforms under a common theme of minimizing “regulatory arbitrage.” The comment focuses on one of their proposals, hedge fund regulation, and then picks up on the theme of regulatory arbitrage to discuss a broader reform issue regarding financial regulatory architecture. I contend that the move to regulate hedge funds is misguided because hedge funds were not a cause of the

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