@Cruiser Then, perhaps, we should have a review and determine exactly what the regulations are supposed to be doing, whether they are working or not, implement changes that make them more user friendly and effective and where and when they should be applied. Right now, you, me, most others do not have the financial means to have a voice. These regulations come about for two reasons, the minor one being to protect the public (and this should actually be number one) and the major one being to stifle competition in the “free” market. In your particular case someone with a lot of cash paid off your/my/our elected government officials to insure that they would not have to comply with these regulations in the consumer market. I know you are not saying their should be no regulations or warning labels but that they should have real world applications and purpose and I agree. The question is how do you get the bribery and graft out of the process.
I cannot defend Obama so called banking regs. They were a joke. Their ineffectiveness bought and paid for by the very industry that they were supposed to regulate; the same guys that paid to have Glass-Steagall eliminated (a regulation that was, by all accounts, very effective at accomplishing its intended goal).