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And who, exactly, would approve that misguided proposal?

I suspect you’re not involved in contemporary record making. Like it or not, clipping is a technique and a color that producers, mixers, and mastering engineers all choose to impart for aesthetic and technical reasons. It has it’s uses.

If your proposal were passed all that would be left for consideration would be a handful lame DSD jazz records from those hi-fi enthusiasts who are disconnected from the reality around how most records are made these days.

You might find it lame, but jazz has the highest share of physical media sales in the US

https://www.statista.com/chart/32863/genres-with-the-highest...

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RIAA is a standards body.