1.   But a resurgent stock market and a looser regulatory environment revived merger activity in recent years.

2.   But so far, the complicated regulatory environment has largely limited such one-stop shopping to big corporations.

3.   But some argue that the current regulatory environment discourages companies from improving their manufacturing processes because any change requires approval from regulators.

4.   But the regulatory environment for tobacco companies turned particularly harsh late last month when President Clinton approved a long list of restrictions meant to stop children from smoking.

5.   Going public on Nasdaq is a lot easier with help from people who have generous sources of capital and who also know the U.S. regulatory environment.

6.   Georgia was attractive, he said, because of its booming economy, good regulatory environment and growing appetite for managed care.

7.   In addition, the regulatory environment in changing, exposing utilities to more competition.

8.   In this dynamic regulatory environment, multinational companies must be particularly vigilant to avoid both civil and criminal liability.

9.   It also established the ombudsman and fairness boards, which report annually to Congress on the regulatory environment.

10.   McLucas said that trades might also be reported late because of technical problems and because of the lax NASD regulatory environment.