What else would you regulate? How about credit cards? Maybe car loans? How about people buying cell phone plans that are too expensive?
How many government workers should we hire to enforce these laws. A lot, you say? (Then it is expensive and we will pay more taxes.) Not a lot? (Then an ineffective measure and another pointless government agency.) You would say “enough” to enforce the regulation. We have heard that before with government agencies.
Should we have regulated the stock market, too, before the dot.com crash? Maybe limit an individual’s exposure to the market? Have them “read” pages and pages of disclosures before investing (in securities or homes)?
You are pretty old school, Doctor. Maybe, it is time to update your education?
