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The chancellor has made it clear he retains faith in the tripartite system of regulation that failed so badly in the run-up to the crisis and believes the first line of defence should be tougher scrutiny of banks by their own directors.
The Environmental Protection Agency has long been considering changes to the regulation that failed to prevent the Flint water crisis, but EPA administrator Scott Pruitt has continued the pattern of delaying proposed revisions. .
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Second, there also exists the possibility of inefficient, or poorly implemented, regulation that fails to solve the market failure, or worse, even exacerbate it.
Bill Singer: First off, it's not the regulations that failed.
The legislative drafts being considered, moreover, are largely political placebos that leave in place the institutions and regulations that failed, and worse the same executives and board members.
Does the VPPA still serve a useful purpose, or does it merely impose regulations that fail to help consumers?
They include a pending IRS rulemaking to revise flawed regulations that fail to properly limit the role that 501(c) groups can play in elections; an SEC petition to require public corporations to disclose their campaign activities to their shareholders and the public; and an FCC petition to improve disclosure by outside spending groups running campaign ads.
And still they allowed their enthusiasm for nuclear power to shelter weak regulation, safety systems that failed to work and a culpable ignorance of the tectonic risks the reactors faced, all the while blithely promulgating a myth of nuclear safety.Not all democracies do things so poorly.
Mr. Mulhauser said the chairman, Senator John B. Breaux, Democrat of Louisiana, would rather concentrate on better regulation of diet supplements that failed to produce promised miracle cures.
Critics said the regulations mandated write-downs that failed to reflect the true value of mortgage-linked assets and the prices they might fetch in the future.
This points policies in a very different direction, following a period of industry self-regulation and partnership work that failed.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com