re: #160 Targetpractice, Worst of Both Worlds

The most vocal voices against regulations are the ones who have to spend money circumventing them. Their interest is solely in making it legal, or at least free from prosecution, to scam you and me out of greater sums of money.

The two biggest arguments: “regulation stifles our industry” and “we need high salaries and bonuses to attract the best talent” were completely dispersed by the events of 2008, but there are enough people willing to still belive in them that the arguments are still presented.