That regulation rule is just... ugh. They could probably get away with it for a while by removing useless regulations that really never helped but it won't take long with so many new products on the rise like drones, e-cigs and other technologies that need to be regulated, that you'll have to start either getting rid of essential regulations that keep consumers safe and informed, or just keep them unregulated entirely. It won't help.
Also, disabled like/dislike and the comments section. Nice.