“Vague laws are a bad practice”
March 19, 2010 | federal legislation, industry | Comments (0)From Daniel Indiviglio’s blog at the Atlantic:
The Chamber{of Commerce} also doesn’t like the vagueness that Dodd’s proposal uses in saying that the Bureau could enforce actions against firms who engage in “abusive” practices. The group wonders what “abusive” means. Vague laws are a bad practice, because without clear rules to follow firms can’t function effectively.
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