I have a totally different take on the history of vaping. It is precisely because of the operation of a free, unfettered market, without any governmental controls, that we've had such technological progress in vaping devices and improved overall quality of e-juices.
While there are some consumers who keep putting quarters in the broken soft-drink dispenser hoping for a better outcome with the next quarter, most people won't buy bad junk a second time. "Fool me once, shame on you; fool me twice, shame on me" is the buying strategy of most consumers. And lots of would-be manufacturers of junk devices and bad e-liquids have fallen by the wayside. Why are they no longer in business? Because we, the consumers, won't buy garbage a second time and we tell all our vaping buddies about the bad experiences here on ECF and elsewhere.
Peruse old threads here from a few years ago, and you'll see what I mean. Heck, look at the discussion of eRolls in this very thread!
The free-market mechanism isn't perfect. There's a bit of lag-time between release of a doggy product or e-juice and the market's rejection of same. The same is true for bad and/or dishonest vendors. But eventually the word goes around, and — poof! — those particular bad guys are gone.
If you want safety, reliability, etc., then you deserve the FDA banning 99.9% of vaping products.
If you want total and absolute safety, reliability, etc., then a total and absolute ban of all vaping products is the way to go for you. But I sure don't want to follow you!