Bioterrorism is a growing threat, but simply throwing more money atthe problem or creating bigger and more complex bureaucracies isnot the answer. Providing sufficient resources for bioterrorismpreparedness is important, but without the right organization,strategies, and programs, these efforts will be inefficient andwasteful. Congress and the Administration should move to ensurethat the federal government is better organized to meet thechallenge.
The Need for Laws to Govern Capital Formation American society long ago abandoned an unregulated securities market and imposed legal requirements on businesses (issuers) when they offer or sell their securities to investors.1
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