Basically everybody agrees with what you're saying which is what makes this an insidious comment.
In general the pressure against regulation comes from narrow winners (oil industry for instance) whereas the pressure for regulations generally comes from people focused on the greater good (even if they are misled by other narrow winners, for instance compliance firms).
There are valid reasons to oppose regulations. They can be used to create barriers of entry for small businesses, for example. They constantly affect the poor more than the middle class.