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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mechanismsupport: arguedfailure: asymmetric-regulation-costsfamily: otherlaw-and-legal-systemseconomics

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