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The law has teeth. It just appears that the regulators aren't chewing.


Isn’t that in practice the same thing?


I would argue no, because the problem can be fixed without changing the laws, and I'm not convinced that it can be fixed by just changing the laws. People doing things that are illegal doesn't get fixed by making another law against it. So no, I don't think it means that in practice it is the same thing.




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