Legislative Overkill
A law enacted to stop or prevent the abuse of a loophole, but ends up imposing more restrictions than are necessary for reasonable prevention. Investopedia Says:
In the context of the market, many people believe that investor education and further transparency do much more for the market than stricter legislation. Related Terms:
Financial Accounting Standards Board (FASB)
Formal Tax Legislation
Loophole
Price Transparency
Securities and Exchange Commission |