I think the problem is not regulation, but that regulations are almost always implemented after something has gone wrong. Regulations should be more dynamic. I

I think the problem is not regulation, but that regulations are almost always implemented after something has gone wrong. Regulations should be more dynamic. If it looks like someone has found a loophole, they shouldn't be afraid to plug it before it becomes a problem. But they should also be more active in modifying and "optimizing" existing regulations, so long as they don't do it too often.