Regulation is a good thing. Stop lights are a form of regulation. Without them, cars would pile up. But too much regulation can stifle innovation and slowdown job growth.
How do we strike a balance? David Weild, the former Vice President of NASDAQ and the Founder, Chairman, and CEO of IssuWorks, a company focused on creating technologies to better market securities, says that the solution is simple. We need enlightened regulation.
Is such a thing possible? Weild argued precisely this at Exponential Finance 2014, presented by Singularity University & CNBC. In his interview with Big Think Weild broke down the incentives government has for smarter regulation. It's part of today's big idea: enlightened finance.