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That’s not the same thing at all. Fraud isn’t something that needs new regulation. The existing rules are fine, they need to be enforced.

• frankreyes 3y ago
  We need new rules that improve enforcement. And then enforce the enforcement with rules about enforcing enforcement!1 That's the thinking of bureocrats who see the world in terms of rules and enforce, but fail to see the bigger picture that it's easier for everyone to just relax the rules.
• olliej 3y ago
  That only works if you don’t have targeted defunding of regulatory bodies - that’s what a lot of these come down to in many countries now. People vote for laws that protect them, then anti-actual-person politicians vote to defund the agencies enforcing those regulations. It’s win win for them: they get to give their friends and employers tax cuts and lower operating costs (by socializing the downstream costs), and because the agencies are under funded they slow down which feeds into “these agencies are bad because they’re slow and inefficient, so we should end them completely”