# kaal:claim:2740477-040

**Claim.** The notice and comment procedures of the SEC are too slow, and the SEC's outdated micromanagement of markets is itself slowing down venture capital.

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

**Holds when.**

- United States securities regulation

**Source quote.**

> SEC are too slow; moreover the micromanagement of the markets is overdone by the SEC and, being outdated, is slowing down vc.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, page 49

**Cite as.** Wulf A. Kaal, Erik P.M. Vermeulen, Venture Capital as Dynamic Regulation of Disruptive Innovation (2016). SSRN: https://ssrn.com/abstract=2740477

**Verify.** sha256 of source PDF `c72871b76fa2ad5a8a69ee8d3defc8f64e624be9052ce763e79cf6c58883f726` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20and%20Vermeulen%20-%202016%20-%20Venture%20Capital%20as%20Dynamic%20Regulation%20of%20Disruptive%20Innovation.pdf

**Failure mode.** SEC micromanagement slowing venture capital  (family: innovation-chilling)

**Topics.** securities-law, dynamic-regulation, innovation

**Keywords.** sec, notice-and-comment, regulatory-lag, venture-capital

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/2831040-005
- extended_by: https://wulfkaal.github.io/claims/3782216-025

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