Already, we've finalized or formally proposed reforms to save more than $4 billion of regulatory costs over that period.
Lower regulatory costs are an addition to companies saving money when outsourcing.
Economic approaches to the issue of regulation also emphasize the high risk that regulatory costs may exceed benefits.
Jobs created from environmental spending offset those lost in industries bearing higher regulatory costs.
But fewer competitors and higher regulatory costs may lead to higher prices, he said.
Mr. Jones says the association's regulatory costs have increased as the industry has grown.
The most successful fund managers should be able to absorb the new regulatory costs, giving them an even greater advantage over their rivals.
In the service sector, regulatory costs differ little between small businesses and larger firms.
Holding down regulatory costs is one way markets compete.
There is a regulatory and supervisory cost that should be evaluated.