# kaal:claim:2957645-028

**Claim.** The occurrence of the debt to equity trigger creates real time regulatory information that a centralized system would require months or years to generate, and it enables regulators to open a regulatory investigation if and when one is needed.

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

**Holds when.**

- comparison is to centralized information gathering by regulators

**Source quote.**

> In essence, the occurrence of the trigger from debt to equity creates real-time regulatory information that would require months or years to generate in centralized system, and enables regulators to start a regulatory investigation if and when it is needed.58

**From.** Kaal, *Dynamic Regulation via Contingent Capital* (2017), IV. Dynamic Regulation Via Contingent Capital, page 15

**Cite as.** Kaal, Dynamic Regulation via Contingent Capital (2017). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2957645

**Verify.** sha256 of source PDF `250b10782a5ea5dece9235a7f711aee408feaf36f2e78e310d589b5ee6304be2` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202017%20-%20Dynamic%20Regulation%20via%20Contingent%20Capital.pdf

**Topics.** decentralization, dynamic-regulation, contingent-capital

**Keywords.** real-time-information, centralized-rulemaking, regulatory-investigation, contingent-capital

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