But Hollings, a fierce critic of industry self-regulation, is outside the bipartisan mainstream, which leans toward enacting mild online privacy legislation, if any.
We know that in the United States because we have had a long history of regulation and industry self-regulation including some laws that have been overturned by our Supreme Court because they violated our precious First Amendment that guarantees all Americans freedom of speech.
The industry argues that self-regulation works.
FORBES: Why the SEC Is In Danger of Becoming Irrelevant ( February 28, 2006 )
If self-regulation were truly comparable to regulation by the SEC, presumably the brokerage industry would have no reason to oppose an end to self-regulation.
FORBES: Why the SEC Is In Danger of Becoming Irrelevant ( February 28, 2006 )
In an interview on the Andrew Marr programme on BBC1, Mr Grant said he was worried by recent statements by senior Conservatives that appeared to suggest the prime minister would give the newspaper industry another chance to improve self-regulation.
Reliance on self-regulation The commission is ever more willing to allow the brokerage industry to self-insure, self-adjudicate (through mandatory arbitration) and even control public access to the brokerage industry's criminal and disciplinary histories.
While attention has been focused upon conflicts of interest in the brokerage industry (specifically those related to research analysts), the greater issue of the conflict of interest related to self-regulation of the brokerage industry has not been addressed.
We may never know because the brokerage industry will never allow an end to self-regulation.
FORBES: Why the SEC Is In Danger of Becoming Irrelevant ( February 28, 2006 )
Industry groups, though, maintain that self-regulation is preferable to government requirements for a fast-changing, global medium like the Internet.
While there is limited oversight of brokerages by the SEC, it is certain that investor protection could be significantly enhanced through ending self-regulation of this industry.
FORBES: Why the SEC Is In Danger of Becoming Irrelevant ( February 28, 2006 )
Last year, as the subprime market began its collapse, the President's Working Group, which includes the Treasury Department, the Federal Reserve, the SEC and the Commodities Futures Trading Commission, recommended against tighter oversight of the over-the-counter market, in the context of vetoing tighter regulation of hedge funds, saying the industry can self-police.
The brokerage industry knows the American public no longer believes self-regulation works.
It is our conclusion, based upon of years of investigations, that self-regulation of the brokerage industry is the root cause of many brokerage abuses.
With the likelihood of legislative battles over privacy erupting next year, Swindle is emerging as the Internet industry's point person on the FTC for self-regulation.
Public Policy: The OTA interfaces with industry, business, consumer groups and government to develop self-regulation, legislation, and best practices.
Even Vice President Hamid Ansari regretted the development, saying that the Press Council's inability to come out with the report was "a pointer to the problems of self-regulation and the culture of silence in the entire industry when it comes to self-criticism".
Interesting examples came from the participants who spoke about the ongoing crisis in the country's media industry, the implementation of the Law on Broadcasting Activity and relations between regulation and self-regulation (co-regulation).
America so far favours self-regulation and sectoral laws, for example for the health-care industry, in order to protect the personal data of its citizens.
Apple is self-regulating, much in the way any other US industry subjects itself to or is imposed by government regulation.
FORBES: Apple's Mac OS Lockdown To End Developer Independence
One almost laughable example of lame self-regulation: the BrokerCheck Program, run by the National Association of Securities Dealers, the brokerage industry's self-regulator.
应用推荐