Word: regulatee
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This week the House voted 298 to 112 to give the Food and Drug Administration the power to regulate tobacco along with food and drugs. Ted Kennedy will soon introduce his version of the bill in the Senate. The White House supports the bill: "Tobacco use is a major factor...
Which begs the question: Why regulate it at all? Why put cigarettes under the jurisdiction of the agency charged with making sure our food and drugs are safe, when cigarettes are, as we all know by now, unsafe by definition. Used as intended, they are bound to make you sick...
In the first study, Paul Shaw at Washington University in St. Louis monitored the relationship between brain activity and sleep patterns in a group of fruit flies and isolated three key genes responsible for dictating how much sleep flies got in certain situations and when. Under normal conditions, flies doze...
The House produced a long-awaited bill to regulate 85% of U.S. greenhouse-gas emissions, anteing up for what promises to be long, high-stakes negotiations with the Senate and business groups alarmed at the $1 trillion price tag that some estimate such an effort could entail. The effects of...
Although the hedge-fund industry has long relished the light touch of lawmakers and financial regulators, a new era is dawning for largely unregulated financial institutions, and rightly so. The huge systemic risks associated with hedge funds and other unregulated firms in the financial system have a ruinous potential in...