[Justa]

This isn't hard. Proper enforcement of regulations prevents corruption. Without enforcement fraud becomes rampant.

[Ulysse]

Yeah praise the “big regulation”!
There are no(official) frauds in CHINA and RUSSIA with a big “REGULATION”...But the regulators controled by those big governments ARE A FRAUD.
It’s a PUBLIC NATIONAL FRAUD instead of particular private frauds ! Make your choice!

There is no other solution else than personal morality and free associations by free citizens

[dirtboy]

This isn't hard. Proper enforcement of regulations prevents corruption.

Phil Gramm exempted credit default swaps from regulation. You can't enforce what isn't there.