Just because the regulators are inept doesn't mean that there aren't more regulations. http://www.cato.org/pubs/policy_report/v31n4/cpr31n4-1.html http://www.ca

Just because the regulators are inept doesn't mean that there aren't more regulations. http://www.cato.org/pubs/policy_report/v31n4/cpr31n4-1.html http://www.cato.org/pubs/policy_report/v31n4/cpr31n4-1.html Perhaps an individual isn't able to tell, but consumer reports would be able to. Each individual working in their best interest reforms the market. If they believe that it is unfair, e.g. insider trading, then they will refuse to take part. Thus a market would form to cater to these individuals.