State and local regulators are the officials with the closest contact with the regulated community, ... Given their close intimate knowledge of the business they regulate, they are in a much better position than Congress to judge whether a particular small business is deserving of leniency for a first-time violation.  -   Eliot Spitzer     Quotes
State and local regulators are the officials with the closest contact with the regulated community, ... Given their close intimate knowledge of the business they regulate, they are in a much better position than Congress to judge whether a particular small business is deserving of leniency for a first-time violation. Eliot Spitzer
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