kaal:claim:2273857-054
Financial rulemaking often relies on centralized rather than decentralized information, which is a further defect of the existing framework.
Source quote, verbatim
Financial rulemaking also often utilizes centralized rather than decentralized information.
From
Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013), III.2.b Anticipatory Sine Curve, p. 26
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
Classification
failuresupport: assertedfailure: centralized information reliancefamily: supervisory-capacity-gapdecentralizationdynamic-regulationregulatory-failure
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