# kaal:claim:2273857-031

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

**Type.** mechanism  **Support.** argued

**Holds when.**

- rules created during post-crisis regulatory expansion

**Source quote.**

> 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, page 16

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

**Verify.** sha256 of source PDF `e7cb3dea40593135acc99a9b00690138fe01020514ebf388f5140e1b0e59e82a` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202013%20-%20Dynamic%20Regulation%20of%20the%20Financial%20Services%20Industry.pdf

**Failure mode.** inevitable regulatory contraction  (family: rule-obsolescence-and-ossification)

**Topics.** institutional-design

**Keywords.** regulatory-contraction, regulatory-sine-curve, deregulation, rule-retraction

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.