Under the U.S. system of regulation, most regulars are selected from

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Under the U.S. system of regulation, most regulars are selected from the industry that is to be regulated. This is known as the "revolving door" phenomenon, where individuals who work in the industry being regulated often move to regulatory agencies, and vice versa. This can lead to conflicts of interest and a perception of regulatory capture, where the regulators prioritize the interests of the industry over those of the public.