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 "identifier": "kaal:entity:deregulation",
 "name": "Deregulation",
 "termCode": "deregulation",
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 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
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  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2273857-023",
   "identifier": "kaal:claim:2273857-023",
   "text": "Once crises recede, regulatory oversight diminishes as societies and markets return to their prior equilibrium, and this dichotomy causes reform legislation and deregulatory legislation to be enacted in quick succession.",
   "abstract": "Following crises, the process is reversed and regulatory oversight diminishes as societies and markets return to their prior equilibrium. As a result of this dichotomy, reform and deregulatory legislation are often enacted in quick succession.",
   "citation": "Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013). SSRN: https://ssrn.com/abstract=2273857",
   "datePublished": "2013",
   "claim_type": "mechanism",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "after markets return to normalcy"
   ],
   "source_pdf_sha256": "e7cb3dea40593135acc99a9b00690138fe01020514ebf388f5140e1b0e59e82a",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2273857-031",
   "identifier": "kaal:claim:2273857-031",
   "text": "The regulatory expansion that follows crises inevitably leads to amendments, revisions, and retractions of the previously established rules.",
   "abstract": "The regulatory expansion that follows crises inevitably leads to amendments, revisions, and retractions of previously established rules.",
   "citation": "Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013). SSRN: https://ssrn.com/abstract=2273857",
   "datePublished": "2013",
   "claim_type": "mechanism",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "rules created during post-crisis regulatory expansion"
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2715083-002",
   "identifier": "kaal:claim:2715083-002",
   "text": "Regulatory convergence is not driven only by tightened post crisis rules: the liberalization of advertising restrictions after the Dodd-Frank Act also pushes hedge funds toward mutual fund form, so deregulation and reregulation work in the same convergent direction.",
   "abstract": "This is not just a result of more stringent regulations enacted via the Dodd-Frank Act in the aftermath of the financial crisis; the liberalization of the advertising restrictions post Dodd-Frank Act also makes hedge funds more like mutual funds.",
   "citation": "Kaal, Confluence of Mutual and Private Funds (2016). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2715083",
   "datePublished": "2016",
   "claim_type": "mechanism",
   "confidence": "argued",
   "is_failure_mode": false,
   "scope_conditions": [
    "U.S. private fund regulation after Dodd-Frank and the JOBS Act"
   ],
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2739479-014",
   "identifier": "kaal:claim:2739479-014",
   "text": "Lifting the ban on general solicitation and general advertising was a significant formal change for private funds, but the new advertising opportunities are being taken up only reluctantly, and uncertainty about investor verification rules together with specific restrictions makes advertising by private fund advisers unlikely for the foreseeable future.",
   "abstract": "While lifting the ban on GSGA for private fund advisers represented a signif- icant change for the private fund industry, the new advertising opportunities are only reluctantly being accepted;",
   "citation": "Wulf A. Kaal, The Post Dodd-Frank Act Evolution of the Private Fund Industry Comparative Evidence from 2012 and 2 (2016). SSRN: https://ssrn.com/abstract=2739479",
   "datePublished": "2016",
   "claim_type": "failure",
   "confidence": "evidenced",
   "is_failure_mode": true,
   "scope_conditions": [
    "Rule 506(c) offerings after the September 2013 effective date",
    "private fund and private equity advisers"
   ],
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   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3782217-022",
   "identifier": "kaal:claim:3782217-022",
   "text": "American faith in media has fallen in direct correlation with the consolidation of broadcasting power for as long as active statistics have been studied.",
   "abstract": "American faith in media has reliably fallen in direct correlation with the consolidation of broadcasting power, as long as active statistics have been studied.",
   "citation": "Craig Calcaterra, Wulf A. Kaal, The Importance of History In Decentralization (2021). SSRN: https://ssrn.com/abstract=3782217",
   "datePublished": "2021",
   "claim_type": "empirical",
   "confidence": "evidenced",
   "is_failure_mode": false,
   "scope_conditions": [
    "United States",
    "period for which statistics exist"
   ],
   "source_pdf_sha256": "358779557d8e7dcd101720ca0fad90b9146d24f1c7c03909eb431fcf1fb7e103",
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  }
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 "description": "5 claims in the published works of Wulf A. Kaal carry the concept tag 'deregulation'. Derived node: a roster, not an adjudicated definition."
}