Regulatory Commission
A Regulatory Commission is a government agency responsible for overseeing and enforcing laws and regulations within specific industries. These commissions ensure that businesses operate fairly, safely, and in compliance with established standards. They often have the authority to create rules, conduct investigations, and impose penalties for violations.
Examples of regulatory commissions include the Federal Communications Commission (FCC), which regulates communication industries, and the Securities and Exchange Commission (SEC), which oversees financial markets. By monitoring these sectors, regulatory commissions help protect consumers, maintain market integrity, and promote competition.