A Retrospective Review of Retrospective Review Open Access
The scope and reach of regulation is growing, and along with it, public concern that there may be too much regulation of private activity. (See annual Gallup poll showing that more respondents are concerned about too much regulation than too little.) In response to this concern, President Obama issued two executive orders directing agencies “to determine whether …existing significant …regulations should be modified, streamlined, expanded, or repealed so as to make the agency’s regulatory program more effective or less burdensome in achieving the regulatory objectives.” The President noted, “during challenging economic times …it is particularly important for agencies to conduct retrospective analyses of existing rules to examine whether they remain justified and whether they should be modified or streamlined in light of changed circumstances, including the rise of new technologies.”
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