[1dry]

Totally agree. I think the issue here though is not with regulation itself, but with corrupting influence that we as constituents allow to infiltrate our regulatory bodies. I'd hope campaign finance would help solve this issue too – harder to pull a " Greg and Co. gave me $x so I'll appoint Greg jr. to this sweet regulatory position where he will inevitably act in his self-interest" kind of thing if the public has full view of Greg and Co.'s campaign contributions in the first place...