kaal:claim:3405660-021

Indirect regulation minimizes regulatory expense by relying on the private sector risk practices of counterparties and creditors, producing an equilibrium between regulatory cost and regulatory attainment.

Source quote, verbatim

Relying on private sector practices by counterparties and creditors minimizes regulatory expenses significantly. Indirect regulation enables a state of equilibrium between costs and attainments of regulatory initiatives.

From

Kaal, Indirect Regulation of Hedge Funds (2019), IV. Indirect Regulation, p. 19
https://ssrn.com/abstract=3405660 · source PDF

Cite as

Kaal, Indirect Regulation of Hedge Funds (2019). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3405660

Holds when

counterparties and creditors actually maintain disciplined private sector practices

Classification

mechanismsupport: arguedrisk-and-incentives

Verify

The quote above is an exact substring of the source PDF, whose sha256 is cf507b1833071765bc13a5605f38c2591582eca85f40869e38b6ff075c04d29d. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/f68a7acdef12833c...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/3405660-021.md | sha256sum