US EditionAdministrative Deference and Regulatory Consistency
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Administrative Deference and Regulatory Consistency
Consistency is essential to effective regulation. Regulated parties depend on predictability in designing compliance programs and making business decisions, and other stakeholders order their affairs based on expected regulatory behavior. Consistency, however, has multiple dimensions and can be impaired in various ways. Change over time—temporal inconsistency—disturbs reliance interests by making planning difficult. Contemporaneous inconsistency…
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