As legislators and regulators continue to shape the investment environment, it is important not only to monitor and evaluate the impact of each piece of additional regulation; the way rules interact with one another – and with new rules as they are introduced – must also be understood. Unnecessarily broad regulations should be avoided in favor of rules that are specifically tailored to the various participants in the market.
在立法者和监管者继续调整投资环境时，他们不仅要监督和评估每一项新增监管政策的影响，也必须明白规则彼此之间——以及与所引入的新规则之间——的互动方式，这一点很重要。不必要的宽监管应该避免，以利于为不同的市场参与者量身定制的规则。