Furthermore, complying with the proposed regulation places additional reporting requirements and expenses upon financial firms.
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Leighton Jenkins, from CBI Wales, said it was not the time to impose additional regulation on Welsh businesses.
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"Clubs are now in a reporting period that will count towards the first assessment of UEFA's financial fair play break-even requirement for international competition and Premier League clubs are also considering the implementation of additional cost control regulation at a domestic level, " added Jones.
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As banks and credit unions bewail billion-dollar liabilities in the aftermath of the Credit Card Act of 2009 and in anticipation of additional federal regulation, they have apparently cut spending on the very resources that, if funded, would lighten those losses.
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Intriguingly the Treasury has made clear it does not think additional regulation is sensible.
Instead, the regulation has caused banks to look for additional sources of revenue to make up for this decrease in interchange fees.
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Concerns about money laundering and financing of terrorist networks mean new payment providers not only have to deal with the usual red tape but also cope with layers of additional regulation.
This time-consuming reporting could, in turn, produce additional government oversight and regulation by agencies such as the Occupational Safety and Health Administration, the Environmental Protection Agency, and the Internal Revenue Service.
Additional regulation could take time away from treating patients to the extent that patient care is actually damaged.
It favours additional regulation (which is no less harmful for coming, in the first instance, at firms', rather than governments', behest).
In the aftermath of the subprime crisis, the US economy is on a re-regulation track that burdens corporations with additional costs.
Ryan said he would vote down the Stop Online Piracy Act, a bill that would have restricted free music trading, to avoid additional regulation.
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