Instead of practicing for another public speech, the President should learn to practice regulatory restraint.

Faced with little regulatory restraint, banks overdosed on risky loans.

Not only were houses being lost with each new storm, but regulatory restraints by Federal and state agencies also stopped owners from rebuilding.

There are three common misconceptions in the current debate, the first being that McCarran frees insurers from regulatory restraints.

"With the regulatory restraints imposed on American banks, it is much more difficult to achieve a stable deposit base in this country," Mr. Simmons said.

The globalisation of the market and the absence of regulatory restraints are among the factors behind this tendency.

Despite his zeal for loosening regulatory restraints, Breeden has taken the stance of the tough cop when it comes to enforcement of existing securities laws.

High-tech companies wanting to collect consumer information without regulatory restraint have lost a round in federal court.

The Hartford, which writes only two-tenths of 1 percent of Michigan's personal auto insurance, wants to withdraw because of financial losses and regulatory restraints.

But many in the industry say it was economics, not regulatory restraints, that led to the recent shortage.