It would be great if there was regulation over certain types of data that would require companies to post back to a central database if they take certain kinds

It would be great if there was regulation over certain types of data that would require companies to post back to a central database if they take certain kinds of information. It would be great if there was a device that could help level the playing field. "I'm from the government and I'm here to help!" - music to every Internet entrepreneur's ears.