# kaal:claim:2273857-054

**Claim.** Financial rulemaking often relies on centralized rather than decentralized information, which is a further defect of the existing framework.

**Type.** failure  **Support.** asserted

**Source quote.**

> 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, page 26

**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.** centralized information reliance  (family: supervisory-capacity-gap)

**Topics.** decentralization, dynamic-regulation, regulatory-failure

**Keywords.** centralized-information, decentralized-information, rulemaking, regulatory-failure

**Related claims.**

- extended_by: https://wulfkaal.github.io/claims/kaal-2014-dynamicregulationviagove-030
- extended_by: https://wulfkaal.github.io/claims/2957645-026
- extended_by: https://wulfkaal.github.io/claims/2486570-029

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