kaal:claim:1806252-006
Regulating entities that operate in the same markets under asymmetric rules creates legal uncertainty and significant transaction costs.
Source quote, verbatim
Asymmetric regulation of entities operating in the same markets creates legal uncertainty and significant transaction costs.
From
Kaal, Hedge Fund Regulation Via Basel III (2011), III.3 Impact Assessment of Asymmetric Regulation in Dodd-Frank and the AIFM Directive, p. 50
https://ssrn.com/abstract=1806252 · source PDF
Cite as
Kaal, Hedge Fund Regulation Via Basel III (2011). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1806252
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Classification
mechanismsupport: arguedfailure: asymmetric-regulation-costsfamily: otherlaw-and-legal-systemseconomics
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