Under conditions of a scholarship requirement, he interrupted his study after two years to serve three years in the U.S. Navy, returning to earn a Bachelor of Science degree in aeronautical engineering in 1955.

FORBES: Neil Armstrong's Immortal Footprint

Among military projects, that process is particularly bogged down, largely because of a requirement for review and oversight of study proposals by both an institutional review board and military officials.

FORBES: Military Plans Mega-Database To Track Human Studies

The Dodd Frank legislation aimed to change this, by requiring the Securities and Exchange Commission to study the possibility of having something called the fiduciary standard, that is, the requirement to act in their clients best interests, apply to all sellers of financial services, not just investment advisers as the law currently reads.

FORBES: Four Questions About Retirement For The Presidential Debate

By the time the requirement of home recruitment was relaxed, a new leadership had taken over the study at NIH, creating a second problem.

FORBES: What Caused A Billion Dollar Federal Study Of Child Health To Implode?