Regulatory Commissions
Regulatory commissions are government agencies responsible for overseeing specific industries and ensuring compliance with laws and regulations. They help maintain fair practices, protect consumers, and promote competition. Examples include the Federal Communications Commission (FCC), which regulates communication services, and the Securities and Exchange Commission (SEC), which oversees financial markets.
These commissions have the authority to create rules, conduct investigations, and enforce regulations. They often hold hearings and can impose penalties on companies that violate laws. By doing so, regulatory commissions aim to create a stable environment for businesses and safeguard public interests.