# kaal:claim:2273857-044

**Claim.** The increasing volatility of financial markets combined with financial innovation parallels the pace of technological development in telecommunications, the industry where dynamic regulation has predominantly been applied.

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

**Holds when.**

- comparison drawn between financial and telecommunications markets

**Source quote.**

> The increasing volatility of financial markets in combination with financial innovation shows some parallels to the pace of technological developments in telecommunications markets.

**From.** Wulf A. Kaal, *Dynamic Regulation of the Financial Services Industry* (2013), III. Dynamic Regulation of the Financial Services Industry, page 22

**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

**Topics.** dynamic-regulation, innovation, economics

**Keywords.** telecommunications, dynamic-regulation, financial-innovation, market-volatility

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