I don't understand your resistance to a regulatory model in an area that is exploding around us, in which there are some obvious problems being cited regularly, and in which other jurisdictions have clearly moved toward regulation. Even the United States is way beyond us in this field. Why wouldn't we just get down to work and agree that, yes, we should have some. Why should it be left on a voluntary basis and to the goodwill of financial institutions when we're talking about consumers and protection of their own money and in some cases their own identity? What's the hang-up?
On March 22nd, 2007. See this statement in context.