{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/positions/2026-08-08-135",
 "identifier": "kaal:position:2026-08-08-135",
 "additionalType": "https://wulfkaal.github.io/positions/schema.json#AffirmedPositionClaim",
 "name": "Streaming Structuring Securities Regulation In The European Union Lessons From The U S Exp 84C08F0559",
 "text": "Structuring Securities Regulation in the European Union predicts a domestic home bias in enforcement decisions that makes extraterritorial actions less likely and reduces incentives to comply. This supplies a countervailing under-enforcement risk to Kaal's warning against overbroad extraterritorial rule export. The abstract does not identify the optimal jurisdictional boundary or measure actual compliance effects.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "datePublished": "2026-08-08",
 "dateModified": "2026-08-08",
 "creativeWorkStatus": "Affirmed",
 "responseType": "qualification",
 "keywords": [
  "securities-law",
  "historical-response",
  "scholarly-literature",
  "crossref"
 ],
 "scope_conditions": [
  "The response is limited to the retrieved source proposition and mapped Kaal claim unless fuller source review supports a broader conclusion.",
  "External evidence level: abstract indexed.",
  "Mapping review tier: substantively reviewed abstract-level qualification.",
  "Primary mapping confidence: 0.62.",
  "The primary mapping cleared the automated ambiguity test; substantive scope remains review-bound.",
  "Evidence is limited to an exact proposition in a Crossref-indexed abstract; full text was not reviewed.",
  "No relationship is treated as external endorsement, citation, causation, or validation of a broader Kaal claim.",
  "The source predicts a domestic home bias in enforcement decisions that makes extraterritorial actions less likely and reduces incentives to comply. This supplies a countervailing under-enforcement risk that qualifies Kaal's warning against overbroad extraterritorial rule export, while it does not show the optimal jurisdictional boundary or measure actual compliance effects."
 ],
 "currentDebate": {
  "name": "Structuring Securities Regulation in the European Union: Lessons from the U.S. Experience",
  "url": "https://doi.org/10.2139/ssrn.624582"
 },
 "extends": {
  "identifier": "kaal:claim:1664809-036",
  "url": "https://wulfkaal.github.io/claims/1664809-036",
  "citation": "Richard W. Painter, Wulf A. Kaal, Extraterritorial Application of US Securities Law – Will the US Become the Default Jurisdiction for (2010). SSRN: https://ssrn.com/abstract=1664809",
  "paper": "Richard W. Painter, Wulf A. Kaal, Extraterritorial Application of US Securities Law – Will the US Become the Default Jurisdiction for",
  "authors": [
   "Wulf A. Kaal"
  ],
  "year": "2010",
  "ssrn": "https://ssrn.com/abstract=1664809",
  "source_pdf_sha256": "2d5c8c30f969f8eb613bfa1fe6888a7cfa1a452e1027bcda0489618ceac62c20"
 },
 "isBasedOn": [
  {
   "@id": "https://wulfkaal.github.io/claims/1664809-036"
  },
  {
   "@type": "CreativeWork",
   "name": "Structuring Securities Regulation in the European Union: Lessons from the U.S. Experience",
   "url": "https://doi.org/10.2139/ssrn.624582"
  }
 ],
 "batch_id": "kaal-review:2026-08-08:continuous-crossref-0011-remainder-0005-all-0022-reviewed-v1",
 "review_provenance": "https://kaal-signal-desk.wulf577462.chatgpt.site/#review",
 "publicationStatus": "public",
 "recordTypeNote": "Dated commentary position extending a scholarly corpus claim. Not a verbatim claim extracted from the paper.",
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/positions/index.json"
 },
 "version": "1.0",
 "canonical_url": "https://wulfkaal.github.io/positions/2026-08-08-135",
 "canonicalForm": "https://wulfkaal.github.io/positions/2026-08-08-135.md",
 "candidateId": "kaal:response-draft:2026-08-08:12738e034748bdd11c77",
 "evidenceLevel": "abstract indexed",
 "reviewTier": "substantively reviewed abstract-level qualification",
 "mappingConfidence": 0.62,
 "mappingAmbiguous": false,
 "mappingMethod": "complete-corpus source-proposition mechanism and scope adjudication",
 "mappingWhyRelevant": "The source predicts a domestic home bias in enforcement decisions that makes extraterritorial actions less likely and reduces incentives to comply. This supplies a countervailing under-enforcement risk that qualifies Kaal's warning against overbroad extraterritorial rule export, while it does not show the optimal jurisdictional boundary or measure actual compliance effects.",
 "sourceProvenance": {
  "source": "crossref",
  "sourceRecordId": "10.2139/ssrn.624582",
  "queryId": "concept:cdce38cb65b9",
  "queryText": "digital assets securities regulation",
  "canonicalUrl": "https://doi.org/10.2139/ssrn.624582",
  "doi": "10.2139/ssrn.624582",
  "externalIds": {
   "DOI": "10.2139/ssrn.624582",
   "Crossref": "10.2139/ssrn.624582"
  },
  "retrievedAt": "2026-08-09T08:12:12.262Z",
  "providerPage": 1,
  "rawObservationSha256": "41e747e04a4e53b0bf99884729b5dbc992e62f799217768c75dedbb9781ab8bc",
  "inputSnapshotSha256": "5829c2764f83b19514a4b2695814ab254455f8d877e9703dbc39c64312d8e000",
  "inputLine": 5479,
  "chunkId": "crossref-00001",
  "workId": "work:doi:10.2139/ssrn.624582",
  "workAuthors": [
   "Donald C. Langevoort"
  ],
  "workPublishedAt": "2004-01-01",
  "identityKeys": [
   "doi:10.2139/ssrn.624582",
   "crossref:10.2139/ssrn.624582",
   "url:https://doi.org/10.2139/ssrn.624582",
   "title:10eb947fd9c3dd5983fabffc",
   "proposition:5aa7dee4f6bd68bdc642642c2c1aab58369b8f86aa28425d013ccecaa32e353c"
  ],
  "sourceProposition": "The principal claim is that in making enforcement decisions, there will likely be a \"home bias\" toward domestic enforcement actions that makes extraterritorial actions less likely, thus reducing the incentives to comply.",
  "sourcePropositionSha256": "c3cf5af872b53256415fad36bd658e16b26a230fbe2a670ab996bdea1b09408f",
  "sourcePropositionIndex": 2,
  "claimMappings": [
   {
    "claimId": "kaal:claim:1664809-036",
    "claimUrl": "https://wulfkaal.github.io/claims/1664809-036",
    "rank": 1,
    "confidence": 0.62,
    "method": "complete-corpus source-proposition mechanism and scope adjudication",
    "whyRelevant": "The source predicts a domestic home bias in enforcement decisions that makes extraterritorial actions less likely and reduces incentives to comply. This supplies a countervailing under-enforcement risk that qualifies Kaal's warning against overbroad extraterritorial rule export, while it does not show the optimal jurisdictional boundary or measure actual compliance effects.",
    "ambiguous": false
   }
  ],
  "substantiveReview": {
   "disposition": "retained",
   "reviewVersion": "kaal-continuous-crossref-substantive-review-v1",
   "reviewedAt": "2026-08-09T16:18:06.356Z",
   "reviewer": "Codex continuous substantive reviewer",
   "rationale": "The source predicts a domestic home bias in enforcement decisions that makes extraterritorial actions less likely and reduces incentives to comply. This supplies a countervailing under-enforcement risk that qualifies Kaal's warning against overbroad extraterritorial rule export, while it does not show the optimal jurisdictional boundary or measure actual compliance effects.",
   "limitations": [
    "Evidence is limited to an exact proposition in a Crossref-indexed abstract; full text was not reviewed.",
    "No relationship is treated as external endorsement, citation, causation, or validation of a broader Kaal claim.",
    "The source predicts a domestic home bias in enforcement decisions that makes extraterritorial actions less likely and reduces incentives to comply. This supplies a countervailing under-enforcement risk that qualifies Kaal's warning against overbroad extraterritorial rule export, while it does not show the optimal jurisdictional boundary or measure actual compliance effects."
   ],
   "sourceIdentity": {
    "status": "verified",
    "source": "Crossref REST work record",
    "doi": "10.2139/ssrn.624582",
    "title": "Structuring Securities Regulation in the European Union: Lessons from the U.S. Experience",
    "authors": [
     "Donald C. Langevoort"
    ],
    "language": "unavailable",
    "publisher": "Elsevier BV",
    "checkedAt": "2026-08-09T16:18:06.356Z",
    "responseBodySha256": "cd9ddfaec7f54e341e3d1d7b7430f1885dc50ab0430b5a09cde3870cff04c3f4",
    "providerReceipt": {
     "path": "outputs/historical-backfill-2026-08-08-crossref/raw-receipts/crossref-011-00001.json",
     "sha256": "2998f6673b80a099a0a86027403f2a47b9817253198451e573a940b3f80cf5c2",
     "byteLength": 2030401
    }
   },
   "independentRationale": "The exact proposition is present in the live Crossref abstract and the deposited reference list contains no Kaal-authored reference; the relationship is limited to the independently stated proposition.",
   "nonOverlap": {
    "candidateIdMatches": 0,
    "canonicalUrlMatches": 0,
    "propositionHashMatches": 0
   }
  }
 },
 "userAffirmation": "Automatically authorized under standing authority receipt kaal-standing-publication-authorization:2026-08-01:hourly-reviewed-batches, SHA-256 e2126054b58bb4e88db65c334ef4fc8ae78dcaadc63543c408133c4eefceb9b1, limited to this substantively reviewed batch and the unchanged 5,033 scholarly claims.",
 "sha256": "79495d04ecd4684b91902e9b96a7e49665a960e53149bd461bce4fb40995485c"
}
