Regulators should always provide a 'light hand' when dealing with new technologies. They must lose the mindset of protecting everybody from anything when it comes to new technologies.
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"New York's Dunleavy called for consistent regulations for BPL in addition to a light touch. 'In any industry ... the policy, whatever it may be, needs to be stable,' he said. 'The market, the financial community, and investors abhor uncertainty. We've got to figure out a way to provide certainty. It's a very easy thing to say, it's a very difficult thing to do.'"
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