# kaal:claim:2273857-038

**Claim.** The Jumpstart Our Business Startups Act exemptions for emerging growth companies from Section 404(b), from say-on-pay, and from pay ratio disclosure illustrate the post-crisis easing of constraints imposed on the financial services industry.

**Type.** empirical  **Support.** evidenced

**Holds when.**

- emerging growth companies under the JOBS Act

**Source quote.**

> These exemptions again illustrate the easing of constraints imposed on the financial services industry after a crisis.

**From.** Wulf A. Kaal, *Dynamic Regulation of the Financial Services Industry* (2013), II.2.b Contraction, page 20

**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.** post-crisis easing of constraints  (family: regulatory-lag)

**Topics.** institutional-design

**Keywords.** jobs-act, dodd-frank, exemptions, regulatory-contraction

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