Regulatory Organizations
Regulatory organizations are entities that create and enforce rules and standards to ensure safety, fairness, and compliance within various industries. They help protect consumers, maintain market integrity, and promote public welfare. Examples include the Food and Drug Administration (FDA) for food and medicine, and the Securities and Exchange Commission (SEC) for financial markets.
These organizations often have the authority to conduct inspections, issue fines, and revoke licenses if regulations are violated. Their work is crucial in maintaining trust in systems such as healthcare, finance, and environmental protection, ensuring that businesses operate responsibly and ethically.