I am sure you will be pleased to know that the state has in fact been intervening on this basis for the last four years. I refer you to:
In addition to these volumes of paper rules, you will be pleased to know that the FSA has a budget of £323m and a staff of 2,740 to enforce this.
I trust this meets with your approval. Should you have any further queries relating to the conduct of financial regulation, you may wish to refer to the architect of the current regime.
The address is: G Brown, 10 Downing Street, London SW1A 2AA. I hope this is helpful.
Chartered financial planner & technical director,