Chris Gabrieli Quotes

Is regulation per se bad? Is better regulation bad? I think better regulation is good for the business community, and I think that's something we should get together on.

We cannot afford to have any large section of the business world in doubt whether they have broken the laws or not, and we cannot let the laws become a dead letter through vagueness. In this view it is clear that an administrative commission can render invaluable service.

To say that only those businesses affected with a public interest may be regulated is but another way of stating that all those businesses which may be regulated are affected with a public interest.

More than 50% of significant new regulations that impact on business in the UK now emanate from the EU.

Many businesses oppose any government mandates, even if they are already following them.

Road testing the effects of regulation on European business must become second nature to the European Union.

I've seen disgusting excess in business, and I've seen disgusting excess in Washington. But at the same time, I've certainly learned that Washington matters and that you can't ignore it, especially when you get into telecom.

Politicians also have a love affair with the 'small business exemption.' Too much paperwork? Too heavy a burden? Not enough time? Just exempt small businesses from the rule. It sounds so pro-growth. Instead it's an admission that the costs of a regulation just can't be justified.

I tell them the rules are made by the government. Every firm should comply. It doesn't mean they can't compete.

No one doing big business can avoid some contact with government agencies, regulators, and policy makers.

The steps which my predecessor took and the legislation passed on his recommendation have accomplished much, have caused a general halt in the vicious policies which created popular alarm, and have brought about in the business world a much higher regard for existing law.

Fines have to be incentives to enforce the law. We cannot allow them to become just another cost of doing business

Rational as distinguished from vindictive regulation by public authority turns out to be an extremely delicate problem which not every government agency, particularly when in full cry against big business, can be trusted to solve.

Fannie Mae may have conformed to the rules but the rules didn’t conform to reality. A major bank or financial institution could meet every single regulatory requirement yet still be at the risk of collapse.

A regulator is supposed to create and enforce a standard.

I don't interfere with regulators.

There's a gazillion different business license fees. And just keeping up with all the regulations - it just doesn't stop.

When we have agencies like EPA shutting down businesses, I don't trust them at all.

What a nightmare it would be if we individually had to criminalise every single abuse of every single commodity, market or financial product. There are thousands of these and new ones being invented every day. Such an approach would have disastrous implications for regulation and policy-making. Any slide towards it must be resisted.

Light touch regulation means that we create broad regulatory frameworks that can protect consumers to ensure an overall competitive marketplace.

By law and institutional culture, FDA seeks to apply a single tool to its approach to regulation - the requirement for pre-market approval. The agency is accustomed to compelling innovators to submit evidence to FDA and seek permission for marketing.

The guiding purpose of the government regulator is to prevent rather than to create something.

The SEC got more than 100 rules to write under Dodd-Frank, the lion's share of all the agencies. And we've moved, I think, with a tremendous sense of urgency. But it takes a long time to write rules and get them approved by a five-member commission.

When businesses affirmatively like regulations, that's when to reach for your wallet.

I manage my business; politicians are doing their business. I can only work within their rules and regulations. I can't pick up a political fight.