Recently, I called for both major repairs and routine maintenance to our regulatory regime as the Commission plans a review of existing regulations. Last week, we voted unanimously to revoke certain caps and toy guns regulations that were made superfluous by newer regulations. (You can read my official statement on the vote here.) While worthwhile, this action was nothing more than tidying up our regulatory house. It had no substantive effect, so it did not improve safety, enhance consumer choice, or encourage innovation. Minor, routine maintenance is necessary to keep our rules up-to-date. But to truly reform and improve our regulations, we need to focus on rules that actually affect people.
Posts Tagged 'regulatory regime'
Just Tidying Up
Published June 26, 2012 Rule Review 1 CommentTags: consumer choice, regulatory regime, toy guns