kaal:position:2026-07-31-7875
Compliance Requirements in EU Investment Services Regulation presents the following source proposition: Notwithstanding its inherent values in integrating financial markets, this type of framework misses the mark on what is supposed to be the key objective of compliance: to encourage certain outcomes in investment firms' processes, and also to reward firms for having reached these outcomes. This proposition is pertinent to Kaal's source-bound claim that The SEC's efforts to clarify and optimize the post Dodd-Frank framework cut both ways: they supported industry compliance with the revised standards while simultaneously creating uncertainty and higher costs for the industry. The proposed response is an extension: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.
securities-lawcompliancehistorical-responsescholarly-literaturecrossref