One UK based distributor, called VIP, says over stringent regulation could see them go out of business.
This is why banks, which face more stringent regulation than do other financial firms, look askance at salespeople on big commissions.
In such cases, stringent regulation might hinder the adoption of technology by existing firms, or restrict the entry of new high-tech firms.
In America, for example, landfills containing household rubbish are subject to stringent regulation, whereas ones filled with toxic sludge from power plants are less tightly controlled.
Incredibly, the EPA regulates such plants as pesticides and subjects them to even more stringent regulation than the deadly chemical poisons used to kill vermin, viruses or bacteria.
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For some, more stringent regulation even has a silver lining.
Banks have also been lobbying against more stringent regulation.
The Fed's decision to introduce loans to brokers as well as regulated banks marks a significant shift in policy, and raises the question of whether the former should now be subject to more stringent regulation in return.
"Although money market funds are not guaranteed, investors have benefited from the security, liquidity and diversification that these funds provide under stringent and effective regulation, " the ICI said in a statement on Tuesday.
Oregon has for several years had a stringent program of preparer registration and testing and California has had a minimal system for preparer regulation.
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Much of the hype over impending government regulation comes from short sellers who have kept very public pressure on Washington to pursue particularly stringent new rules.
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