If by “regulators” you mean lawyers, you got it right!
Don’t get me wrong - my dad was, and one of my brothers is, a lawyer - I don’t blame ALL lawyers for these kinds of problems
HST, there are just enough shady lawyers at work in our society to muck things up!
The shady lawyers get rich, and We the People suffer the consequences.
Maybe someday the shady lawyers will be take out of service?
As in Back to the Future Part 2?