IMO, regulation is permissable if it is based on moral equitable principles, mostly ten comandments type stuff

Like, don't steal, don't lie, et cet.

If a company wants to sell itself, there should be a forum, provided by the government, capable of determing whether they lied, decieved, engaged in fraud, et cet.

This is different in form from a government regulation that says: You cannot get a loan if it appears to the government you don't make enough money to pay it, or You cannot sell stock at a price deemed too high, provided the sale isn't fruadulent or unconscionable.

Provided everybody is honest, there should seldom be a cause for government intrusion into private affairs.