Regulatory bodies are organizations created by governments to oversee and enforce laws and regulations in specific industries. They ensure that companies and individuals comply with legal standards, protecting public interests such as health, safety, and the environment. Examples of regulatory bodies include the Food and Drug Administration (FDA) in the United States and the Environmental Protection Agency (EPA). These organizations often have the authority to issue licenses, conduct inspections, and impose penalties for non-compliance. By monitoring activities within their jurisdiction, regulatory bodies help maintain fair practices and promote accountability among businesses and service providers.