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The economic consequences of hedge fund regulation: An analysis of the effect of the Dodd-Frank Act

Restrepo, Fernan
eScholarship · Papers
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profitabilityrisk-takingsecurities-and-exchange-commission
This paper exploits registration data administered by the Securities and Exchange Commission to examine the effect of the Dodd-Frank Act (the “DFA”) on profitability, risk-taking, and capital formation in the hedge fund industry. The data show that after the DFA was implemented, there was a signific
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