# Regulatory response

`kaal:entity:regulatory-response`

**Status.** derived

This node is assembled mechanically from the 2 claims that carry the concept tag `regulatory-response`. 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

2 claims across 2 works, 2014 to 2016.

**2014**

- [kaal-2014-dynamicregulationviagove-021](https://wulfkaal.github.io/claims/kaal-2014-dynamicregulationviagove-021) [failure/argued] *(failure mode)* -- Traditional forward looking corporate governance systems adopt backward looking perspectives only after stable and optimal rules have emerged as suboptimal and require replacement or amendment.
  > Traditional forward-looking corporate governance systems may take backward-looking perspectives if and when stable and optimal rules emerge as suboptimal, requiring replacement and/or amendment of existing regulatory solutions.
  Kaal, Dynamic Regulation via Governmental Contracts (2014)

**2016**

- [2732915-029](https://wulfkaal.github.io/claims/2732915-029) [empirical/evidenced] -- Among advisers who factor the regulatory regime into fund sizing, the direction of adjustment is split: 18.2 percent would lower assets under management to avoid the regulatory hassle, while 27.3 percent would still increase AUM and another 27.3 percent seek the right size to cover expenses.
  > While 18.2% would lower their AUM to avoid the regulatory hassle, 27.3% would actually still want to increase their AUM. Another 27.3% indicated a desire to attain the right size to cover expenses.
  Wulf A. Kaal, The Private Fund Industry Five Years after the Dodd-Frank Act – A Survey Study (2016). SSRN: https://ssrn.com/abstract=2732915

## 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/regulatory-response.md | sha256sum

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