# Record keeping

`kaal:entity:record-keeping`

**Status.** derived

This node is assembled mechanically from the 4 claims that carry the concept tag `record-keeping`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

4 claims across 4 works, 2012 to 2021.

**2012**

- [2150377-020](https://wulfkaal.github.io/claims/2150377-020) [empirical/evidenced] -- Advisers responded to Dodd-Frank registration mainly through administrative and advisory adjustments: the most common actions were outsourcing compliance work, hiring additional counsel, instituting new record keeping policies, hiring additional staff, changing marketing materials, and changing investor communications.
  > The most common actions taken include: (1) outsourced compliance work, (2) hired additional counsel, (3) instituted new record-keeping policies, (4) hired additional staff, (5) changed marketing materials, and (6) changed communications with investors.
  Wulf A. Kaal, Hedge Fund Manager Registration Under the Dodd-Frank Act (2012). SSRN: https://ssrn.com/abstract=2150377

**2016**

- [2732915-019](https://wulfkaal.github.io/claims/2732915-019) [empirical/evidenced] -- The most common adviser responses to Title IV are outsourcing compliance work, hiring additional counsel, instituting new record keeping policies, hiring additional staff, changing marketing materials, and changing communications with investors, all compliance updates rather than fundamental legal or strategic change.
  > The most common actions taken include: (1) outsourcing compliance work, (2) hiring additional counsel, (3) instituting new record-keeping policies, (4) hiring additional staff, (5) changing marketing materials, and (6) changing communications with investors.
  Wulf A. Kaal, The Private Fund Industry Five Years after the Dodd-Frank Act – A Survey Study (2016). SSRN: https://ssrn.com/abstract=2732915

**2019**

- [3411110-011](https://wulfkaal.github.io/claims/3411110-011) [mechanism/asserted] -- Blockchain removes the class of costs generated by human error in record keeping, because it eliminates the possibility that transactions are misreported in ways that cause irreparable harm.
  > Blockchain technology allows corporations to eliminate costs associated with human errors in record keeping. Blockchain eliminates the possibility of transactions being misreported due to human error that can cause irreparable harm.
  Wulf A. Kaal, Samuel Evans, Blockchain-Based Securities Offerings (2019). SSRN: https://ssrn.com/abstract=3411110

**2021**

- [3782205-010](https://wulfkaal.github.io/claims/3782205-010) [mechanism/asserted] -- Digital information storage makes decentralization newly viable because every participant can hold the authoritative record of the organization's entire history, removing the need for a central authority over the record.
  > Digital information storage, which allows each person to be the authoritative holders of the entire organization's history. No centralized authority is needed to be in charge of the record.
  Craig Calcaterra, Wulf A. Kaal, Eight Institutions for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782205

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/record-keeping.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.