Regulatory Offense
A regulatory offense occurs when an individual or organization violates rules or regulations set by government agencies. These rules are designed to protect public health, safety, and the environment. Common examples include failing to comply with environmental regulations or not adhering to financial reporting standards.
Regulatory offenses can lead to penalties such as fines, sanctions, or other legal actions. Agencies like the Environmental Protection Agency (EPA) or the Securities and Exchange Commission (SEC) are responsible for enforcing these regulations. Addressing regulatory offenses helps ensure that businesses operate fairly and responsibly within their industries.