0 a powerful government organization whose job is to be sure that companies in a particular industry operate and compete fairly: --
The Financial Services Authority is the UK's super-regulator.
That is indicative of the power and luxury in which some of our super-regulators think that they will be able to bask at the expense of those whom they regulate.
We should set up an independent, super-regulator with powers to call people to account, to investigate, to prosecute, to fine, to disqualify—all the necessary controls.