Regulatory policies are rules and guidelines established by government agencies to control and manage various activities within society. These policies aim to protect public interests, ensure safety, and promote fair competition in areas such as healthcare, environment, and finance. By setting standards and enforcing compliance, regulatory policies help maintain order and prevent harmful practices. These policies can vary widely depending on the sector and the specific issues they address. For example, the Environmental Protection Agency (EPA) creates regulations to protect the environment, while the Securities and Exchange Commission (SEC) oversees the financial markets. Overall, regulatory policies play a crucial role in shaping how businesses and individuals operate.