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I've never heard of a "regulation" cap. It's an interesting, my initial thought is that as new technology exists it's somewhat inevitable that new regulations will too. But then also as new technologies exist, some old regulations should become moot.
I don't know if I made it up - I would doubt that I did, but I do read about it from time to time. I would suggest that very little new regulation is required for most new technology. Any new regs needed for smartphones or ipads or longer lasting running shoes? -XC