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The road to re-regulation may be paved with good intentions, but it’s been a bumpy ride so far, with no end in sight. Regulatory activity around the world ratcheted up 16% in 2011, according to a recent Thomson Reuters Governance, Risk Management and Compliance report, to 14,215 alerts from 12,179 in 2010. Alerts are defined as indications of a new regulatory direction, ranging from a speech to a final rule.

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