Very vague and "flowery". Nothing to attack, because it does not outline what they're planning on doing, just that it's "good and will protect everyone's interest".
Also, keep in mind how other "regulations" have killed innovation and stifled markets, made them unreasonably expensive (have you ever payed a medical bill lately), or invite corruption at the level of government (power always corrupts).
So, I don't believe any of this will be "good" and the actual "rules" will be overbearing and restrictive.
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