Paradoxically, several analysts said, the effort to strengthen the market involves considerable regulation.

It might involve somewhat stricter regulation of the securities markets and the banking industry.

The two-board proposal would provide a way to keep members of the securities industry on the board, while inoculating them from issues involving regulation.

True reform must correct such distorting incentives, and if we are honest, it should involve new regulation.

However, the basic mechanism involves regulation of osmotic pressure.

The problem, of course, is that vigorous environmental protection involves regulation, which is suspect if not anathema to many conservatives.

But the Bush Administration has ruled this out as involving excessive regulation.

Her memorandum shows the intensity of organized resistance to consumer protections that involve new Federal regulation or mandates.

Unlike the cities, where the fights are over money, in suburban and rural areas the battle over the state plan primarily involves environmental regulation.

Globalisation, however, involves further regulation of economic and trade relations and also, at the same time, new risks.