Jason Hsu on securities regulation

In the short run maybe it's very efficient to have a tiger mom or tiger dad to come in and dictate how things ought to work, but really, in the long run, there is something to be said about the market mechanism and really having the participants learn and sort it out instead of the regulators playing judge and jury all the time. 

~ Jason Hsu, "Quantamental Investing Lessons with Jason Hsu," 25:20 mark, Stansberry Investor Hour, March 18, 2021