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Meishairwin

01/04/17 5:05 PM

#10573 RE: ignatiusrielly35 #10572

D-F and SarBox try to prevent abuses by making long lists of specific "do's and don'ts" along with voluminous reporting to ensure compliance. It's such a wrong-headed way to regulate because "their" lawyers and methodologies will always be smarter/ better than "ours." Better to regulate on fewer, broader principles and aggressively investigate and prosecute using a "broken windows" policing strategy (cf., Rudi Giuliani). Fewer rule writers/ report collators and more PIs. Just MHO.