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So they are pushing for the market to self regulate itself.
Late last year, Moffatt suggested that Facebook's efforts to self regulate could boost the social giant's profits.
The industry is definitely making big changes to self regulate around social gaming offer scams (complete background here, with updates).
"Developers have said to me, 'We will not self regulate.
But more broadly, PHMSA's investigation demonstrates the folly of relying on pipeline operators to self regulate.
The industry will continue to self regulate and enjoy limited liability.
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"If and when financial institutions fail to self-regulate, governmental regulators need to step in.
encouraging businesses in the market to self-regulate.
"You can self-regulate a little, too," Mr. Feinberg added.
What steps are they taking to self-regulate?
"We need to self-regulate before that applies to ourselves".
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