Regulatory Process
The regulatory process refers to the steps taken by government agencies to create and enforce rules that govern various industries and activities. This process typically begins with identifying a need for regulation, followed by research, public input, and drafting proposed rules. Agencies like the Environmental Protection Agency or Food and Drug Administration play key roles in ensuring that regulations protect public health and safety.
Once proposed rules are drafted, they undergo a review period where stakeholders can provide feedback. After considering this input, agencies may finalize the regulations, which are then published and enforced. Compliance is monitored, and regulations can be updated as necessary to adapt to new information or changing circumstances.