kaal:claim:2273857-031

The regulatory expansion that follows crises inevitably leads to amendments, revisions, and retractions of the previously established rules.

Source quote, verbatim

The regulatory expansion that follows crises inevitably leads to amendments, revisions, and retractions of previously established rules.

From

Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013), II.2.b Contraction, p. 16
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

rules created during post-crisis regulatory expansion

Classification

mechanismsupport: arguedfailure: inevitable regulatory contractionfamily: rule-obsolescence-and-ossificationinstitutional-design

Verify

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Attestation record: colloquium/attestations/eb1eff053e79f110...json
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