Financial Regulators
Financial regulators are government agencies or authorities responsible for overseeing and enforcing laws within the financial sector. Their main goal is to ensure the stability, transparency, and integrity of financial markets, protecting consumers and investors from fraud and malpractice. Examples of financial regulators include the Securities and Exchange Commission (SEC) in the United States and the Financial Conduct Authority (FCA) in the United Kingdom.
These regulators monitor financial institutions, such as banks and investment firms, to ensure they comply with regulations and maintain sound practices. They also conduct investigations, impose penalties for violations, and provide guidance to help organizations understand their legal obligations. By doing so, financial regulators play a crucial role in maintaining public confidence in the financial system.