Regulation Quote by Judith C. Waller
““In many industries federal regulation is the outgrowth of inadequate self-regulation on the part of the industry.””
About This Quote
Regulation often emerges when industries fail to self‑govern effectively, prompting external oversight.
In simple terms: Regulation follows weak self‑regulation.
Strengthen internal controls first.
Themes
Mood
Type
When to use this quote
- finance
- healthcare
- environment
- technology
Key Concepts
Questions to Reflect On
- What mechanisms improve self‑regulation?
- When is external oversight essential?
Over‑regulation can stifle innovation.