kaal:claim:2273857-027

Regulatory cycles make it nearly impossible to address financial regulatory concerns adequately, and systemic risk in particular is difficult to address if rules are enacted in a cyclical and reactive format.

Source quote, verbatim
Regulatory cycles also make it nearly impossible to adequately address financial regulatory concerns. Systemic risk is particularly difficult to address if rules are enacted in a cyclical and reactive format.
From

Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013), II.2 Regulatory Sine Curve, p. 15
https://ssrn.com/abstract=2273857 · source PDF

Cite as

Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013). SSRN: https://ssrn.com/abstract=2273857

Holds when
Classification

failuresupport: arguedfailure: systemic risk unaddressable by cyclical rulesfamily: regulatory-lagsystemic-riskrisk-and-incentivesregulatory-failure

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