Sorry to be absent from the forum. I've been up to my neck in stuff at work and my second job!
I wonder why the bracket kept rotating down?
I used all the same hardware on mine and its still where I put it.
I was suprised that the wires were long enough to point down out of the regulator.
Of course mine is still the factory unit and probably came with short wires.
I'm guessing that yours is a replacment unit that came with longer wires?
I too see a possible issue with the wires rubbing the bracket even on mine. I'm going to look at a solution for this. its no good keeping the regulator cooler if the wiring shorts out and does more damage than just a bad regulator would!