# kaal:claim:2998097-019

**Claim.** Rules become adaptable when institutions and rulemaking processes integrate feedback effects, including feedback between industry and regulators, that generate timely, relevant, and decentralized information before rules are finalized.

**Type.** condition  **Support.** argued

**Holds when.**

- dynamic regulation of the private investment fund industry

**Source quote.**

> Rules can become adaptable if institutions and rulemaking processes integrate feedback effects, including feedback effects between the industry and regulators, that produce timely, relevant, and decentralized information for rulemaking ex- ante before rulemakers finalize rules.137 By increasing the

**From.** Wulf A. Kaal, *Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016* (2017), IV.1.e What Drives Dodd-Frank Act Compliance Costs for Private Funds?, page 33

**Cite as.** Wulf A. Kaal, Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016 (2017). SSRN: https://ssrn.com/abstract=2998097

**Verify.** sha256 of source PDF `0955054f49c7011d33c285579bb046e6b284e42755b10fd2546a728c202669d5` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202017%20-%20Private%20Investment%20Fund%20Regulation%20-%20Theory%20and%20Empirical%20Evidence%20from%201998%20to%202016.pdf

**Topics.** dynamic-regulation, institutional-design

**Keywords.** dynamic-regulation, feedback-effects, rulemaking, adaptive-institutions

**Related claims.**

- extends: https://wulfkaal.github.io/claims/2267560-012
- restates: https://wulfkaal.github.io/claims/kaal-2014-dynamicregulationviagove-001
- extends: https://wulfkaal.github.io/claims/2957645-010
- extends: https://wulfkaal.github.io/claims/2808132-031
- restates: https://wulfkaal.github.io/claims/2808132-032

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