Recently someone described to me what he sees as two basic regulatory approaches:
1. If it’s done right, all will be right—which seems to be the European Union (EU) model; or
2. If all turns out all right, it must have been done right—the US approach.
Now, this is a very simplistic view of a very complicated issue, and it was part of a casual conversation, not an educational or information-oriented venue. But considering all the pending legislation in the US that could… Continue