The notice and comment procedures of the SEC are too slow, and the SEC's outdated micromanagement of markets is itself slowing down venture capital.
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SEC are too slow; moreover the micromanagement of the markets is overdone by the SEC and, being outdated, is slowing down vc.
From
Wulf A. Kaal, Erik P.M. Vermeulen, Venture Capital as Dynamic Regulation of Disruptive Innovation (2016), VIII. Conclusion, p. 49 https://ssrn.com/abstract=2740477 · source PDF
Cite as
Wulf A. Kaal, Erik P.M. Vermeulen, Venture Capital as Dynamic Regulation of Disruptive Innovation (2016). SSRN: https://ssrn.com/abstract=2740477
restated_bykaal:claim:2831040-005 The most widely recognized drawbacks of traditional rulemaking under the Administrative Procedure Act are its ...
extended_bykaal:claim:3782216-025 Centralized securities bureaucracies are slow to update their regulations, so those regulations often hurt the...
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